The State Securities Committee granted on May 20, LLC Invest-AZ a license to a broker-dealer in securities market.
About the founders of the company are not reported. In the public register of commercial entities as long as there is no information about this company. Each license is AZN 5,500 and issued for a period of 5 years.
Most brokerage firms in Azerbaijan (10 of 14) are subsidiaries of commercial banks. Some brokerage firms are closing, not showing himself on the securities market. On April 30 of this year, the SSC has suspended the license LLC "Billionare" to a broker-dealer. In 2011 alone, the company suspended work "Xalq Kapital" and "AFB Capital" which in addition to brokerage and dealership have got licenses on management of securities. 08D
Economics
-
Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
-
Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
-
Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
-
The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
Leave a review