Finance
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The Baku Stock Exchange (BSE) has completed an auction on placement of interest-bearing, unsecured, undocumented, registered bonds of non-banking credit organisation 'Falcon Finance' under the code AZ 2002025321 ISIN, par value AZN 400, 000 and with 18-month circulation term. This is reported by BSE.
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Based on observations conducted by the Central Bank of Azerbaijan (CBA) and received appeals, there are cases of providing consumers of financial services with inaccurate information using forged documents and licences made on behalf of the governing bodies of the structure.
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The Central Bank of Azerbaijan has fined the state-owned International Bank of Azerbaijan AZN 272,344.
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