The JSC «Bank Respublika» prepares for the annual general meeting of shareholders. According to the report of the financial structure, the event is scheduled for April 15th. The agenda included the following issues: approval of the financial statements and the results of the external audit of the bank for 2014, the creation of reserves from the net profit of the bank obtained on the results of operations for 2014, as well as the payment of dividends.
JSC «Bank Respublika» was created on February 17, 1992. Among its shareholders are the largest financial institutions of Germany: Investment Corporation DEG, a member of the banking group KfW, and SIDT, a member of financial group Sparkassen-Finanzgruppe, owning a stake of "25% + 1 share." --17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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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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