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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The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
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French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
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Azerbaijan's Ministry of Energy, China Energy Overseas Investment Co. Ltd., and SOCAR Green LLC have signed an agreement to implement a 160 MW solar power project in the Fizuli district, Economy Minister Mikayil Jabbarov announced on social media on Wednesday.
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Azerbaijan's state oil company SOCAR announced plans on November 15 to issue green bonds in the Azerbaijani financial market to support environmentally sustainable projects.
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