Shares of Zaminbank for a total of 2.5 million manat are available on the BSE.
Emission of 50 thousand ordinary registered non-documentary shares of AZN 200 was registered by the end of December 2012. According to the Exchange, all the shares were sold in a single transaction (one investor).
The underwriting services were provided by Texnika Capital Management Ltd. Today there has been posted 75% (7.5 million manat) of the announced issue. According to the legislation, an issue takes place in case of placing half of it.
Paid-up share capital of the bank, thus, reached 39.682 million manat. Major shareholder of Zaminbank operating since 1992 is the chairman of the Supervisory Board Nadir Ismayilov (99.07%). - 15D -
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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