The Baku Stock Exchange arranged two issues of Finance Leasing bonds in manat and dollar denomination on September 1.
The leasing company’s securities are incorporated in the alternative segment of the stock exchange listing. Prior to this, the Central Bank listed the company at the Standard listing level.
Issued are 200 manat bonds with par value of AZN 500 and 200 dollar bonds with par value of $ 500.
Prior to that, in 2012-2015 the company produced and placed 2,250 bonds with par value of 500 manats and 1,800 dollar bonds with par value of $ 500.
OJSC Finance Leasing was established in 2007. Its authorized capital is 1.2 million manats. The company's shares are distributed among several persons, five of which own more than 10% of the equity. -----08B
Economics
-
The Caspian International Investment Company JSC ended 2023 with a net loss of 557,000 manats, a significant improvement compared to the previous year, when losses were four times higher. The company's pre-tax losses for the year amounted to 264,000 manats, 11 times lower than in 2022, while income tax payments of 293,000 manats highlighted the efficiency achieved through strategic fiscal management.
-
The 24th Republican Beekeeping Exhibition and Fair opened in Baku on Monday, with around 120 tons of honey products on sale. The event features the participation of 275 beekeepers from 39 districts across Azerbaijan and will run until September 29.
-
BAKU, Sept 10 (Reuters) – The "Chain Reaction 2024" conference commenced in Baku on September 10, bringing together leaders and innovators from across the technology sector. Organized by FARI Solutions in collaboration with the Center for Analysis and Coordination of the Fourth Industrial Revolution and the Innovation and Digital Development Agency, the event is supported by Binance, the world's largest cryptocurrency exchange.
-
The Azerbaijani government has amended its financing mechanism for higher education institutions, according to a decree issued by Prime Minister Ali Asadov on September 6. The changes update annual education costs for students in various academic levels and fields, including bachelor’s, master’s, medical, and doctoral programs, under state orders.
Leave a review