The Board of Directors of JSC Azmont Bank has appointed Miodrag Radonjic Chief Executive Officer of the bank. His deputy is Kamran Mammadov, the Central Register of Commercial Entities in Montenegro reported.
Miodrag Radonjic before this appointment worked as assistant to the Minister of Finance on the state budget of Montenegro.
The Baku office of Azerbaijan Global Investments did not disclose information about the career of Kamran Mammadov for Turan IA.
The external auditor of the bank is the company Ernst & Young Montenegro.
Recall that the banking license of the Central Bank of Montenegro was given to Azmont Bank in March this year. The shareholder (LLC Azmont Investments) has invested about 12 million Euro in its capital.
Azmont Investments will provide investment support construction of the prestigious seaside resort town Portnovi in Montenegro. The facility will be commissioned in summer 2018. There are also unofficial reports that the bank will serve the project of the Trans Adriatic Pipeline (TAP). -- 08B--
Economics
-
Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according to the State Customs Committee (SCC).
-
The final investment decision (FID) for the construction of the Shafag Solar Power Plant (SPP), based on a feasibility study, is expected in 2025, BP Vice President for the Caspian Region Bakhtiyar Aslanbayli told journalists on Friday.
-
BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
-
In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
Leave a review