Ziraat Bank Azerbaijan Starts with 50 Million AZN of Authorized Capital
The youngest bank of Azerbaijan starts in the local financial market with 50 million AZN of share capital. We are talking about JSC Ziraat Bank Azerbaijan (a branch of wealthy Turkish Ziraat Bankasi).
An emission in such an amount was recorded by the State Committee for Securities (SCS). The prospect of primary issue of shares was registered on 2 April. The emission is divided into 50,000 shares with a par value of 1 thousand manat per security.
Judging by the possibilities, the stock market will mark the redemption of the securities on these days.
Recall, the Central Bank of AR issued a license to Ziraat Bank Azerbaijan for a full amount of banking services on December 30, 2014. --17D-
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review