Demand at Deposit Auction Exceeded Supply by 2.2 Times

Tomorrow the Baku Stock Exchange (BSE) will hold an auction on placement of unsecured, book-entry bonds with nominal value AZ2004023555, ISIN code AZ2004023555, AZN 0.3 million, 24-month term, interest-bearing bonds of ‘Finans Kredit’. This was reported on the BSE.

A delegation headed by Chairman of the Central Bank of Azerbaijan Taleh Kazimov, who is on a visit to the US capital Washington, took part in the regular meeting of the Selection Group of the World Bank and the International Monetary Fund (IMF), of which Azerbaijan is a member.This was reported by the chief banker himself.

The Baku Stock Exchange (BSE) has completed the auction on placement of ordinary, non-documented, registered shares of 'Caspian Equipment' company (sells engines and lubricants, batteries, tyres, filters and other spare parts) for AZN 0.1 million with code AZ1001021455 ISIN.This was reported by BSE.

The Central Bank of Azerbaijan (CBA) has issued a licence for insurance agent activity to Global EFC. This is reported on the CBA website.