![The authorized capital of Ganjabank exceeded 40 million manat](https://turan.az/resized/./turan-750-500-resize.webp)
The authorized capital of Ganjabank exceeded 40 million manat
Shares of Ganjabank for a total of 2.5 million manat posted on Wednesday at the Baku Stock Exchange.
Emission of 1.75 million ordinary registered non-documentary shares of 20 manats passed state registration in November 2012. According to the exchange, all shares were sold in a single transaction (one investor). Underwriting was provided by Unicapital.
They have placed 71.8 % (25.125 million manat) of the announced issue. According to the legislation, an issue is held in the case of placing a half of it.
Paid-in share capital of the bank, thus, reached 40.125 million manat. Ganjabank shareholders are four individuals, one of whom owns 58.5% of the equity. -15B-
Economics
-
The construction sector is undergoing significant reforms that are reshaping urban landscapes, driving economic growth, and creating jobs, said Namik Gummatov, First Deputy Chairman of the State Committee for Urban Planning and Architecture.
-
Starting today, manufacturers and sellers of food and agricultural products can submit offers on the website tedaruk.az, aligning with public procurement requirements for 2025. The submission window will remain open until September 1.
-
Recent reports and interviews indicate a noticeable rise in tomato prices in Azerbaijan over the past few months, primarily driven by market monopolies rather than external factors such as fuel costs or weather conditions.
-
Azerbaijan's agricultural sector produced goods worth 6 billion 19 million manats in the first half of 2024, a 0.3% increase compared to the same period last year, according to a report by the State Statistics Committee (SCC). The report highlights a mixed performance across various agricultural segments, with livestock production seeing gains and crop production experiencing a decline.
Leave a review