JSC Azerbaijan Credit Bank increased its authorized capital by 4.4 times to 50 million 181.38 thousand manat, which complies with the regulatory requirements of the CBA for capitalization.
According to the report, the placement of additional shares amounting to 38 million 752 thousand manat was completed yesterday. The emission is divided into 173 thousand shares with par value of 224 manat per security.
JSC Azerbaijan Credit Bank received a license to operate in December 2005. Shareholders of the bank are a group of individuals. --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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