The leader of February in the ranking of brokers in terms of the services provided at the local market for government and corporate securities (excluding repo transactions), as expected, was the company Pasha Capital.
According to Baku Stock Exchange (BSE), it provided services in the amount of 110 million 298.61 thousand manat. In January, it was also at the 1st place with a large margin from the competitors.
The second leading broker was Chelsea Capital, with brokerage services of 25 million 849.05 thousand manat in February (in January - 4th place). The third place was at Unicapital with 18 million 395.9 thousand manat (in January - 2nd place).
In general, 7 brokers provided services in February. --17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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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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