JSC Amrahbank intends to issue additional shares. The goal is bringing the authorized capital to 44 million 160.9 thousand manat (+ 10.8%).
According to the report of the State Committee for Securities (SCS), the total value of shares is 4 million 316.5 thousand manat, i.e. the emission is divided into 43,165 shares with a par value of each unit of 100 manat.
Currently, the authorized capital of Amrahbank is 39 million 844.4 thousand manat. We recall the decision of the Central Bank of AR on January 1, 2015, saying that every bank, whose net worth is less than 50 million manat, will be revoked the license.
JSC Amrahbank was established in 1993. Its shareholders are International Investment Bank (45.84%) and individuals (54.16%). --17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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