The non-bank credit organization Prokredit started the placement of bonds in the amount of 400 thousand manat.
According to the BSE, the unsecured securities are included in the non-quotation list of BSE. The emission is divided into 400 bonds with par value of 1 thousand manat per security.
The term of the bonds placement is 730 days and the yield is 12% per annum. The underwriter of the bonds placement is LLC Chelsea Capital. The placement is made by public subscription.
NBCO Prokredit was registered in February 2011. The authorized capital is 300 thousand manat. The shareholder of the organization is one individual.
By January 1, its total assets were 2.47 million manat and the loan portfolio was 2.18 million AZN. --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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