"Exchange" adjust their capital to CBA requirements
"Exchange" adjust their capital to CBA requirements
3 out of 5 companies providing currency exchange services have adjusted their authorised capital in keeping with requirements of the Central Bank of Azerbaijan (CBA).
These are "Delta Capital", "Meta-Capital" and "Eliko".
These companies brought their capital to the symbolic amount of AZN 600, 000. This also enables the companies to operate with one point in Baku. For opening of the 2nd point it is necessary to additionally contribute AZN 300,000 to the authorised capital.
At present, the capital of two companies - "Zuhur" and "Baku Central Currency" - does not meet the CBA requirements. The second of them is served by two points in the capital. That is, "Zuhur" should have a charter capital of at least AZN 600,000, and "Baku Central Currency" - at least AZN 900,000.
-
- Economics
- 4 July 2024 10:27
Finance
-
The Accounting Chamber has audited the use of public funds and property in the affairs department of Milli Majlis for compliance with legal acts in keeping with the work plan for 2024.
-
The Central Bank of Azerbaijan (CBA) has warned of fraudsters who have recently been calling citizens and pretending to be employees of the organization.
-
In the second quarter of 2024, the National Depository Center (NDC) made payments on securities in the amount of AZN 1,438,696,627 and $ 32,682,344. This is reported by the NDC.
-
The Azerbaijan Deposit Insurance Fund (ADIF) has announced the public auction of real estate of the "Bank Standard", which is in the process of liquidation. This is reported on the ADIF's website.
Leave a review