The shareholders of JSC Parabank convene an extraordinary general meeting, scheduled for June 10 in the main office.
On the agenda there are financial statements on the bank's activities last year.
Parabank with the current registered capital of 50 million manat was established in 1991. It is owned by JSC Azertikintiservis, the small enterprise Ismayilli and 18 private shareholders. The largest shares are: Eldar Guliyev (19.97%), Alevtina Guliyeva (19.98%), Tamilla Hajiyeva (19.88%), Veli Guliyev (17.69%) and Elnur Guliyev (12.41%). --17D-
Economics
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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.
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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.
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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.
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The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) hosted its biannual Members' General Meeting in Baku on December 18, 2024, gathering over 80 business representatives to reflect on the chamber’s milestones and chart a path forward.
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