The Open Joint Stock Company Finance leasing intends to issue bonds in manats and dollars – 300,000 in each batch.
According to the report of the State Committee of Securities (http://www.scs.gov.az/n482/finanslizinq_asc-nin_faizli_senedsiz_adli_istiqrazlari_dovlet_qeydiyyatina_alinmishdir), the emissions are divided. The one in manats (600 securities with nominal value of 500 manats) was registered under number AZ2017006571, while the dollar one (600 securities in denominations of $ 500) - under the number AZ2018006570.
The government’s Finance Leasing JSC with a registered capital of 1 million manats was registered in April 2007. Its shareholders are 16 individuals. --17D-
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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