The management of JSC Bank Respublika plans to hold the annual general meeting of its shareholders on April 18.
The plans include approval of the financial statements of the bank’s last year activities and the results of the external audit. It is also agreed to distribute last year’s dividends among the shareholders or send them to strengthen the capitalization.
JSC Bank Respublika has been operating from May 22, 1992. The principal shareholders are DEG Investment Corporation, a member of the KfW banking group, SIDT, and a member of the financial group Sparkassen-Finanzgruppe, owning a stake of 25% + 1 share. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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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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