Atrabank intends to hold an annual general meeting of its shareholders. How the official media write, the event will take place on July 15.
The agenda is in the written report for the past year and organizational issues.
Open Joint Stock Company Atrabank was founded in December of 1992, and initially operated as a joint stock commercial bank ATRA. August 29 of 2005 it continued its activities under the present name.
The authorized capital is 10 million 424.8 thousand manats. Nabiyeva Khuraman Qurban Gyzy owns almost half (49.6%) of the shares, Nabiyeva Elmihan Nabi Oglu owns 19.7%, Nabiyev Parvin Elmihan Oglu owns 19.9%. The remaining 22 of the 25 are minority shareholders. There are 3 corporate shareholders 3 and 22 individuals. - 17D
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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