The portfolio of Joint Leasing Company on August 1 of this year amounted to 35 million manat, increasing from the beginning of the year by 4.2 million or 13.5%.
As reported in the company, during the reported period the authorized capital of the bank remained unchanged and amounted to 700 thousand manat.
Joint Leasing Company has operated from 14 June 2007 as the legal successor of the company Azerleasing. Its founders are the British company Dolphin Leasing (52.3%) and the International Bank of Azerbaijan. - 15B -
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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