As reported in the bank, after the registration of the shares of the prospectus will be available at the Baku Stock Exchange.
At present, the total capital of the bank is 45.9 million manat , respectively, after placement of the issue , he will be 50 million manat.
Increase in the authorized capital of the bank aims to meet the requirement of the Central Bank of Azerbaijan dated July 25, 2012 about bringing the minimum total capital of existing banks to 50 million manat to the first of January 2014. After the share issue the total capital of the bank will comply with the request of the Central Bank, they noted in the bank .
Turanbank has had effect on the banking market since the year 1992 . Its shareholders are 21 individuals and 5 legal entities. - 15B -
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review