One more insurer increases authorized capital

Baku: State Committee for Securities has registered emission prospectus of ordinary, book-entry shares of emission prospectus of Silk Way Insurance.

SCS says the face value is AZN 844, quantity – 17,500 and volume of the issue – AZN 14,770,000.

After placement, the authorized capital will increase by 22.1%.

SOURCE: AZERI PRESS NEWS AGENCY