![Uni Bank Completes Repayment of Interest-bearing Bonds](https://turan.az/resized/./turan-750-500-resize.webp)
Uni Bank Completes Repayment of Interest-bearing Bonds
On December 22 JSC Uni Bank completed the repayment of interest-bearing bonds totaling 20 million manat.
According to the report on BSE, in the bond redemption their owners received an additional AZN 44.5 thousand of accrued interest.
The bonds were in circulation for 720 days. Investors received 9.75% per annum on them. According to BSE, at maturity, the bonds were in the hands of five investors.
Currently, 5,000 Uni Bank bonds with par value of 1,000 manat each are in circulation, with a maturity of 5 years. The bank pays quarterly interest thereon at the rate of 14% per annum.
The paid authorized capital of OJSC Uni Bank is AZN 70,565,232. The bank has issued 20,796,000 ordinary registered shares. The shareholders are Eldar Garibov (68.3%), Zemfira Jafarova (5.5%), EBRD (15.1%), German Investment Corporation (DEG – 8.3%) and other minority shareholders. ------08B
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review