Nikoil Bank gets rise in authorized capital

Baku. 7 January. REPORT.AZ/ A deal was closed at the Baku Stock Exchange (BSE) on sale and purchase of Nikoil Bank OJSC’s shares.

Report informs citing BSE that the deal is about the sale of bank’s share with the face value of AZN 2 and quantity of 26 million.

Consequently, the authorized capital increased by 8.8% from AZN 296 million to AZN 348 million.

Nikoil Bank has been in operation since 2002.