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
-
Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
-
Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
-
Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
-
The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
Leave a review