Depository Center reports over the first half
The National Depository Center (NDC) registered from January to July the transaction on the additional issue of shares with a nominal value of 2 billion 215 million 606.29 thousand manat. According to the structure, it is by 11 times more than over the same period of last year.
Over the reported period were registered 704 transactions on additional shares, 47 of them in June - the total amount of 61,860,486 manat; 26 agreements with issuers of securities were signed; in June - 5.
During this time a total of 2, 306 exchange transactions were registered, the nominal value of which is equal to 385 million 905.28 thousand manats, of which 564 (53 million 691.97 thousand manat) are June transaction.
During the reporting period the NDC registered OTC securities with a nominal value of 11 million 96.4 thousand manat, including 31 transactions at 2 million AZN 52.89 signed in June.
The NDC was established in September 1997. In 1999, the Center was transferred to the balance of the State Committee for Securities. In this regard, in September 1999, the Center was re-registered.
The authorized capital of the Center is 1.4 million manat. The NDC provides services to approximately 1.2 thousand issuers. - 17D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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