Turan Bank Increases Authorized Capital
4,672 shares of Turan Bank have been registered, with par value of 1,082 manat each, the bank said. Therefore, the bank's authorized capital increased by AZN 5 million and totaled AZN 55 million.
The bank was established in 1992. The bank's shareholders are 26 persons, including 6 legal entities and 20 individuals. 70.80% of its shares belong to individuals, and 29.20% belong to legal entities. ----71D
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- Social
- 28 October 2016 16:33
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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