JSC Bank Avrasiya has increased the authorized capital by 25%, bringing it to the level required by the Central Bank of AR (50 million manat) by January 1, 2015.
According to the information on the website of the financial structure, the share capital increase was carried out by converting the nominal value of 20,000 shares from 2,000 to 2,500 manat for each security.
JSC Bank Avrasiya received its banking license on 28 November 2007. Its founders are Ltd. Euro Standard (37.5%), LLC Galaxy (37.5%) and LLC Thaining Global Inc. (25%). --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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