Brokerage Company Tekhnika Capital Management has become closer to customers
Brokerage Company Tekhnika Capital Management opened a representative office in the center of Baku, which will have the entire range of services to clients for the securities market.
Representative Office is located in the central branch of JSC Bank Technique, near Baku Stock Exchange (BSE). "We are pursuing the goal of being as close as possible to our customers and fulfill their requests promptly," said Turan Director LLC Tekhnika Capital Management (TCM) Jafar Ibrahimov.
LLC TCM (a subsidiary of Bank Technique) has about 200 active customers, including 50 legal entities that operate local and foreign securities. The company, which owns 5% of the shares of BSE, has been in force since 2003 and is a broker-dealer license.
For five months of 2014 the volume of rendered services for buying and selling securities LLC TCM amounted to 75 million manat. -08D-
Economics
-
Azerbaijan is poised to increase wheat imports for the 2024-2025 season following a significant drop in domestic wheat production this year. According to data from the State Statistics Committee, the country harvested 1.68 million tons of wheat in 2024, marking an 8.1% decline from the previous year. This downturn in output, combined with rising import volumes in recent months, indicates that Azerbaijan may lean more heavily on foreign suppliers to meet its wheat needs.
-
Azerbaijan Railways CJSC (ADY) has announced the restructuring of its container transportation management in an effort to enhance the efficiency of transit cargo transportation. As part of this reorganization, ADY Express will merge with ADY Container starting on November 1, 2024. The consolidation is aimed at expanding the range of services offered in both container and carriage transportation.
-
Azerbaijan has introduced a legal framework enabling the electronic state registration of legal entities with foreign investments, regardless of whether their founders are individuals or legal entities, according to the State Tax Service. The announcement was made by Samira Musayeva, Deputy Head of the State Tax Service, during a meeting of the "Entering Business" Working Group.
-
The World Bank aims to deepen its involvement in Azerbaijan's economic development through a new partnership framework program, according to discussions between Azerbaijani officials and World Bank representatives. The proposed framework, which will cover the years 2025-2029, is designed to support the country’s transition to an innovative and less resource-dependent economy.
Leave a review