JSC "Ganjabank" increases share capital by 35 million or 3.3 times.
As the press service of the State Committee for Securities said, the corresponding prospectus of 1.75 million ordinary registered non-documentary shares of AZN 20 was registered by the Monday.
According to the prospectus, placement will be held by means of mass accommodation at the Baku Stock Exchange (BSE).
Paid-up share capital of the bank is 15 million manat. Shareholders are four individuals, one of whom owns 58.5% of the equity. - 15D -
Economics
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On January 16, the President of Azerbaijan has approved a sweeping Digital Development Concept, setting the stage for a national transformation in governance, economy, and society through the integration of advanced technologies such as artificial intelligence, blockchain, and 5G networks.
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Azerbaijan and the Maldives have taken steps to strengthen economic ties following meeting between the Azerbaijan Export and Investment Promotion Agency (AZPROMO) and Invest Maldives, the investment facilitation agency of the island nation. The discussions, held during the Azerbaijani government mission's visit to the Maldives, explored opportunities in key sectors including real estate, green energy, tourism, and transport.
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The Ministry of Economy of Azerbaijan has announced the results of a tender for the construction of a desalination plant to produce drinking water under a public-private partnership.
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Azerbaijan is nearing the completion of its winter crop sowing campaign for the 2025 harvest, with winter crops for grain and green fodder planted on 941,700 hectares as of Jan. 1, according to data from the State Statistics Committee.
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