NBCO "Blue Finance" registered
Non-bank credit organisation "Blue Finance" has passed state registration in Azerbaijan, according to the state register of commercial organisations of the state tax service under the Ministry of Economy.
Note that the legal address of the new NBCO is 37 Khojaly Avenue, Khatai district, Baku city; the authorised capital meets the minimum requirement as set for NCOs - AZN 300,000, and its legal representative is Samir Ogtay oglu Alakbarov.
As a reminder, this is the first NBCO registered by the state in 2024. In 2023, 5 NBCOs were established in the country. The Central Bank of Azerbaijan issued a licence to one of them - "Nova Credit."
Finance
-
Rising prices for electricity, natural gas and heat in Azerbaijan since the beginning of this year may have a significant impact on annual inflation at the level of 0.51 %.
-
The Central Bank of Azerbaijan (CBA) forecasts that an average price of a barrel of oil in the world market in 2025 will be $77.3, and the price of 1000 cubic metres of natural gas - $349.
-
The Central Bank of Azerbaijan (CBA) forecasts that by the end of 2025 the country's economic growth will be 3.3 %, including the production of gross domestic product (GDP) in the non-oil and gas sector to grow by 5.2 %.
-
According to updated forecasts of the Central Bank of Azerbaijan (CBA), annual inflation is expected to be about 5.5 % in 2025 and about 3.8 % in 2026.This is reported on the CBA's website.
Leave a review