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
-
Azerbaijani President Ilham Aliyev inspected a fleet of specialized municipal service vehicles in Baku on Thursday, as part of efforts to modernize urban infrastructure and improve environmental sustainability.
-
Azerbaijan's National Depository Center (NDC) has announced a series of strategic goals and digital innovations for 2024-2026, aimed at fostering trust, expanding market access, and diversifying investment instruments in the country’s capital markets.
-
The payment method used in Baku's public buses, which operates via a mobile phone app and QR code activated by the M10 program, creates difficulties for passengers, economist Samir Aliyev stated on Facebook.
-
Starting next year, the Azerbaijani government will adopt a new policy towards entrepreneurs who export domestic products abroad but fail to return a portion of their earnings to the country. This issue often concerns Azerbaijani tomatoes sold in Russia. According to National Bank Chairman Taleh Kazimov, decisions to penalize such entrepreneurs will no longer be made without a thorough investigation into the reasons behind the failure to repatriate earnings.
Leave a review