The block of IBA shares was purchased for AZN 0.30.
In July this year, the general meeting of IBA shareholders decided to distribute AZN 156.6 million in the form of dividends at the expense of profits for 2022.
Add that physical and legal entities own 3.4% of shares of the International Bank of Azerbaijan OJSC. The remaining 96.6% of shares are owned by the state represented by the Ministry of Finance (92.56%), the State Property Service under the Ministry of Economy (3.81%) and "Aqrarkredit" CJSC (0.23%).
The bank's authorised capital is AZN 1 billion 225.6 million. -08B-
Economics
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In 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
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Azerbaijan and Israel have agreed to establish a working group on the development of cooperation in the field of transport, Minister of Digital Development and Transport Rashad Nabiyev said on Friday on the social network "X".
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Discussions on "green energy" were held on November 22 in Istanbul, during the energy forum, involving Turkey's Minister of Energy and Natural Resources Alparslan Bayraktar, Georgia's First Deputy Prime Minister and Minister of Economy and Sustainable Development Levan Davitashvili, Bulgaria's Minister of Energy Rumen Radev, and Azerbaijan's Minister of Energy Parviz Shahbazov.
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A meeting between Azerbaijan's Minister of Energy Parviz Shahbazov, Turkey's Minister of Energy and Natural Resources Alparslan Bayraktar, and Bulgaria's Minister of Energy Vladimir Malinov took place on November 22 in Istanbul, within the framework of the international energy forum, according to Azerbaijan's Ministry of Energy.
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