The non-bank credit organization FINOKOBOKT has begun placement of bonds amounting to $ 750 thousand.
According to the Baku Stock Exchange (BSE), the upcoming issue is divided into 750 securities with a par value of each being $ 1 thousand.
The bonds are issued for a period of 3 years at a rate of 15% per annum. The accommodation is scheduled to hold securities for public subscription.
Underwriter of bonds placement is JSC Unicapital.
FINOKOBOKTreceived its license in September 2014. The authorized capital of the company is 300 thousand manat, and its shareholders are two individuals. --17D-
Economics
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
-
The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) hosted its biannual Members' General Meeting in Baku on December 18, 2024, gathering over 80 business representatives to reflect on the chamber’s milestones and chart a path forward.
Leave a review