In accordance with the volume of services rendered to customers the company Chelsea Capital in April this year returned to lead the ranking of brokers in the market for government and corporate securities (excluding repo operations).
Last month it provided brokerage amounting to 749.98 million manat. The second place was at the company International Transaction System, with the sum of transactions in 179.56 million. The third place belonged to Pasha Capital, with brokerage services for 139.19 million manat.
Number of brokers working in the market, compared with the previous month increased in April by one - to 12. The newbie in the market, Invest-AZ, accounted for 180 thousand manats, but experts predict this company will soon break through.
Total in April brokers with government and corporate securities provided services worth 1 billion 141.74 million manat . - 17D-
The top ten brokers in government securities market in April 2014
Place in tewrms of service | Broker | Transactions (AZN) |
1 (▲)* | Chelsea Capital | 749 976 157,85 |
2 (-) | International Transaction System | 179 561 179,76 |
3 (▼) | Pasha Capital | 139 194 155,49 |
4 (-) | Standard Capital | 31 027 123,47 |
5 (▼) | Tekhnika Capital Management | 12 588 912,68 |
6 (▲) | BoB Broker | 10 993 085 |
7 (▼) | Unicapital | 7 545 188,28 |
8 (▼) | ADB-Broker | 6 343 222,72 |
9 (▼) | Khalg Capital | 2 441 810,78 |
10 (▼) | Caspian Financial ltd | 1 398 905,86 |
* - Change of place compared to the previous month
Economics
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Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
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Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
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On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
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In 2024, Azerbaijan's "Single Window" Export Support Center processed 1,747 requests from businesses and individuals, facilitating the issuance of 3,982 export certificates. According to Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications, these efforts supported export operations valued at USD 288.2 million.
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