On November 26, there is scheduled an extraordinary general meeting of the shareholders of Atrabank.
According to the bank, the agenda includes the issue of increasing the bank's equity to 50 million manat and other issues related to the current activity. As of October 24, 2014 the Bank's equity is equal to 35.874 million manat. As is known, according to the decision of the Central Bank, by 1 January 2015, the minimum equity capital of banks in Azerbaijan should be equivalent to 50 million manat, otherwise they will have to become non-bank credit organizations, choose another type of financial activity or consolidate with other banks.
AtraBank JSC was established in 1991. Its shareholders are more than 30 individuals. --17D-
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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