The National Depository Center (NDC) issued a report on the results of the first quarter. According to the information on its website (http://www.mdm.az/?lang=az&r=25&id=248), by April 1, contracts were signed with 8 new issuers for the provision of their services and custody services to keep the register. From January to April 205 new accounts were opened.
The aggregate value of the assets of companies and joint-stock companies provided services by NDC was at 16.7 billion manats. The total number of transactions from January to April was 1,290 (+ 43.6% to the first quarter last year). In monetary terms, the volume of registered transactions amounted to 598 million manats.
NDC with registered capital of 1.4 million manats was founded in September 1997, two years later transferred to the balance of the State Securities Committee, after which it was re-registered.
The center provides services to more than 1.2 thousand issuers. --17D-
Economics
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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