Commercial Bank OJSC Bank of Baku has issued bonds worth 10 million manat.
As reported, the State Committee for Securities, the corresponding prospectus of 10 thousand registered unsecured bonds denominated 1,000 manat was registered on Monday.
Bank of Baku has been operating on the banking market since 1994. Shareholders are the three businesses and two individuals, including Rafik Aliev (11.22% in the share capital), the brother of the disgraced Economic Development Minister Farhad Aliyev. - 15B -
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review