JSC Joint Leasing Company has issued bonds worth 10 million manat.
According to the State Committee for Securities, the prospectus for 10 thousand interest-bearing unsecured bonds in denominations of 1,000 AZN was registered by the environment.
According to the prospectus, the placement will be conducted by public subscription on the BSE .
Joint Leasing Company has operated from 14 June 2007 as the legal successor of the first leasing company in the country - Azerleasing. The shareholders are the British company DH Leasing Ltd (52,4%) and the International Bank of Azerbaijan ( 47.6 %). - 15B -
Economics
-
According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
-
The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
-
Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
-
Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
Leave a review