The non-bank credit organization FINOKOBOKT has begun placement of bonds amounting to $ 750 thousand.
According to the Baku Stock Exchange (BSE), the upcoming issue is divided into 750 securities with a par value of each being $ 1 thousand.
The bonds are issued for a period of 3 years at a rate of 15% per annum. The accommodation is scheduled to hold securities for public subscription.
Underwriter of bonds placement is JSC Unicapital.
FINOKOBOKTreceived its license in September 2014. The authorized capital of the company is 300 thousand manat, and its shareholders are two individuals. --17D-
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