Shares of Qafqaz Inkishaf Banki in the total amount of AZN 1 million are available on the BSE.
Issue of 40 million ordinary registered non-documentary shares of 1 manat passed state registration in December last year. According to the Exchange, all the shares were sold in two transactions (two investors).
Underwriting services were rendered by Chelsea Capital. Today posted 40.5% (16.2 million manat) announced issue. According to the legislation issue is held in case of placing half of it. Paid charter capital, thus, has become 31 million manat.
It is owned by one legal person and 12 individuals. It is noteworthy that the number of shareholders of the bank was ten, and with the arrival of three new shareholders the share of the main shareholder of the bank and the chairman of the Supervisory Board Eldar Ismailov fell from 57.3% to 45.9%. -15B-
Economics
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Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
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Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
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On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
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In 2024, Azerbaijan's "Single Window" Export Support Center processed 1,747 requests from businesses and individuals, facilitating the issuance of 3,982 export certificates. According to Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications, these efforts supported export operations valued at USD 288.2 million.
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