Shares "Nikoil Bank" for a total of 6,766 million manat were posted Tuesday on the BSE .
Issue of 6 million ordinary registered uncertified shares of nominal value of AZN 2 passed state registration in August of this year. According to the exchange, all shares were sold in a single transaction (one investor) . Underwriting services were provided by Ltd. Chelsi Capital. At present, placed 100 % of the announced issue .
Paid-up share capital of OJSC "Nikoil Bank", thus , stood at 34.5 million manat. - 15B -
Economics
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In 2024, Azerbaijan welcomed 3.523 million passengers from 38 countries via air transportation, reflecting a significant 32.1% increase compared to the previous year. According to the State Tourism Agency, this also marks an expansion in reach, with visitors arriving from three additional countries, an 8.5% rise year-on-year.
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As Azerbaijan sets an ambitious trajectory for economic growth in 2025, the country is poised to expand its investment portfolio and develop innovative financial instruments. These efforts aim to create a favorable environment for both domestic and international investors, while steering the economy away from oil dependency toward diversified and sustainable growth.
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In 2025, Azerbaijan will celebrate a series of public holidays and mourning events combining cultural traditions, religious rituals and national commemorations. The calendar, approved by the Cabinet of Ministers, defines significant dates that will provide citizens with the opportunity to honor their heritage, reflect on history, and relax with family and friends.
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The Armenian government reviewed a draft bill on Thursday, January 9, following a petition that garnered 52,000 signatures—surpassing the required threshold of 50,000. The proposed legislation, which has now been forwarded to parliament, has ignited discussions about Armenia’s potential shift toward European integration.
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