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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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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