The shareholders of JSC Bank of Baku convene a general annual meeting scheduled for January 27.
The management does not report on the agenda, but we are not talking about financial performance, as it will be announced in March and April.
JSC Bank of Baku with the authorized capital of AZN 52,870,000 has operated since 1994 and specializes mainly in consumer loans.
Its shareholders are the Turkish NAB Holding (35%), Hikmet Ismailov, the sole owner of the insurance company Azsigorta (31.11%), who bought the share of Rafig Aliyev, brother of former Economy Minister Farhad Aliyev. In addition, the list includes Azpetrol (28.89%) and Elchin Isayev, who is also Chairman of the Supervisory Board (5%). --17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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