Bank VTB (Azerbaycan) placed more than half of the emissions
Shares of JSC "Bank VTB" (Azerbaycan) for a total of 13.77 million manat posted on Monday on the BSE.
The issue 135 million ordinary registered non-documentary shares of AZN 0.2 was registered by the end of last month. According to the exchange, all shares were sold in a single transaction (one investor). Underwriting services are provided by Brokdil-az LLC.
So far they have placed 51% (13.77 million manat) announced issue. According to the legislation, an issue is held in the case of placing a half of it.
Russian Bank VTB acquired a 51% stake in Azerbaijan AF Bank and did the re-branding in 2008. -15D -
-
- Economics
- 15 August 2013 15:53
Economics
-
The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
-
The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
-
As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
-
Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
Leave a review