The non-bank credit organization Mercury Credit has issued corporate bonds worth 1.5 million manats. This is the debut of the company since its appearance in the credit market in September 2012.
The investment company Tekhnika Capital Management told Turan the yield of the securities at a nominal value of 500 manats is at 15% per annum. The bonds will be in circulation within 2 years.
The securities will be placed at the Baku Stock Exchange.
Note that currently in circulation are 48 issues of corporate bonds of public and private companies. Active market participants are non-bank credit organizations, including Brand Credit, Finca Azerbaijan, Visa Credit, Credit House, City Finance, TBC Credit, Finex Credit, FINOKO and Prokredit. ---08D
Economics
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
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In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO Multimediya, has renewed calls for the Information and Communication Technologies Agency (İKTA) to spearhead the creation of a Milli İnternet Mübadilə Mərkəzi (National Internet Exchange Centre) in collaboration with key local providers Azertelecom, Delta Telecom, AzTelekom, and global industry leaders.
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