The BSE today begins placing unsecured, interest-bearing book-entry registered bonds of JSC Bank of Baku. The underwriter of securities placement is LLC Pasha Capital.
The State Committee for Securities registered in the beginning of this month, the prospectus of bonds Bank of Baku for a total of 10 million manat. The par value of a bond is 1 AZN, the period is 3 years, and the annual interest rate is 12%.
The Bank of Baku has been operating on the banking market since 1994. The shareholders are three businesses and two individuals, including Rafik Aliev (11.22% in the share capital) - brother of the disgraced Economic Development Minister Farhad Aliyev. -15D -
Economics
-
Azerbaijani state power company Azerenerji, SOCAR Trading, and Italy's Ansaldo Energia have signed a trilateral agreement on carbon credits, Azerenerji announced on Friday.
-
The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
-
French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
-
Azerbaijan's Ministry of Energy, China Energy Overseas Investment Co. Ltd., and SOCAR Green LLC have signed an agreement to implement a 160 MW solar power project in the Fizuli district, Economy Minister Mikayil Jabbarov announced on social media on Wednesday.
Leave a review