JSC "NBCBank" plans to increase the share capital by 3.001 million or 18.2% bringing it to 19.534 million manat.
Increased capitalization will be implemented by means of consolidation of shares - increase their face value from the current 110.23 to 130.24 manat, while maintaining the number of shares.
The State Committee for Securities registered last Friday prospect conversion of almost 150 000 ordinary registered non-documentary shares.
Paid-up share capital of OJSC "NBCBank" is 16.533 million manat. - 15D -
Economics
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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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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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