Commercial Bank OJSC AtraBank convened on October 17 this year, the general meeting of shareholders.
As reported in the bank, the event will be held at the head office at 17:00 at Nasimi District, R. Behbudov Street, 77. At the meeting, among other things, the shareholders will discuss the issue of increasing the authorized capital of the bank.
Controlling interest (73.9 %) belongs to the family of Chairman of the Board Elmikhan Nabiyev.
Recall that, by the decision of the Central Bank of Azerbaijan dated July 25, 2013 the minimum total capital requirements for existing banks and authorized capital of newly established banks increased five-fold to 50 million manat. The new regulations will come into force on 1 January 2014. - 15B -
Economics
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Azerbaijan's Small and Medium Business Development Agency (SME) and the Iraqi Federation of Chambers of Commerce have formalized a significant step towards enhancing bilateral economic ties with the establishment of the Azerbaijan-Iraq Business Council. The agreement, signed by Orkhan Mammadov, Chairman of the Board of Directors of SME, and Abdulrazag Al-Zuheir, President of the Iraqi Federation of Chambers of Commerce, comes within the framework of the Azerbaijan-Iraq Business Forum.
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Azerbaijan officially presented the updated digital government platform "myGov" at an event on September 17 in Baku, marking a significant step in the country's digital transformation. The event was attended by government officials, private sector leaders, media representatives, and industry experts.
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Minister of Economy Mikail Jabbarov held a meeting with the World Bank's Regional Director for Sustainable Development for Europe and Central Asia, Sameh Naquib Vahba, to review the ongoing and potential areas of collaboration between Azerbaijan and the World Bank. Both sides expressed their satisfaction with the progress made in joint projects aimed at boosting economic diversification and infrastructure development in Azerbaijan.
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Azerbaijan officially presented the updated MyGov digital government platform today in the capital city of Baku, marking a significant milestone in the nation’s ongoing digital transformation.
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