Conversion of shares will bring the registered capital of Bank Avrasiya to 40 million manat
The authorized capital of JSC BankAvrasiya will reach 40 million manat. In order to increase the level of confrontation to possible financial risks by a third (33.3%), the Board decided to convert the face value of the shares.
According to the report of the State Committee for Securities, the nominal value of each security will increase from 1,500 to 2,000 manat. The authorized capital is divided into 20,000 shares.
JSC BankAvrasiya with the current registered capital of 30 million manat has been operating in Azerbaijan since November 28, 2007 under the license of the Central Bank of Azerbaijan. --17D-
Economics
-
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.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review