LLC Pasha Capital has become the 17th member of the Baku Stock Exchange (BSE). Yesterday the deputy chairman of the BSE Vugar Namazov gave the Director of LLC Pasha Capital Ruslan Maharramov a certificate of membership in the brokerage market.
Ltd. Pasha Capital received a broker-dealer license in the securities market on 24 August. The The company is in Pasha Holding.
Today, 12 companies are active members of the BSE. The other four companies have temporarily suspended membership in the Exchange.
BSE was established in 2000. Its shareholders are 19 companies, including the Istanbul Stock Exchange. - 08s-
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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