“CPM-Invest” investment company incurred losses of AZN 23,000 for first six months
"CPM-Invest” investment company has published financial indices for the first half of 2024.
For January-June the financial structure incurred a loss of AZN 23, 000 (the same period of the last year it finished with a profit of AZN 419, 000).
As of the beginning of July this year, the assets of “CPM-Invest” amounted to AZN 26.6 million, 4.3 times more than at the beginning of July last year. Liabilities of the investment company amounted to AZN 25 million (5.95 times more), balance sheet capital - AZN 1.6 million (18.9% less), including authorized capital - AZN 0.8 million (2 times more).
Finance
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The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure.
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If 2 years ago a share of local revenues in the budget of the Nakhchivan Autonomous Republic was 20-25%, by this year's end a share of local revenues will exceed 50%.
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The Central Bank of Azerbaijan (CBA) has given binding instructions to 'Azsığorta', 'Atəşgah Insurance', 'İpək Yolu Insurance', 'Xalq Həyat Insurance', 'Aqrar Insurance' and 'AzRe Təkrarsığorta'. This is reported on the CBA website.
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The NBCO 'Para will hold a regular general meeting of shareholders on 4 February at 11:00.
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