NCO "International" to borrow AZN 5 million
NCO "International" to borrow AZN 5 million
Non-bank credit organisation "International" has announced the issue of bonds in the amount of AZN 5 million.
The credit organisation has placed the prospectus of the bond issue in the electronic information system of the Central Bank of Azerbaijan.
According to the document, it is planned to issue 5,000 pieces of non-cash, unsecured, interest-bearing bonds with a nominal value of AZN 1,000. The bonds will be in circulation for 2 years. They are promised to yield 15% per annum. Interest will be paid monthly. Underwriter of the placement is the investment company "Pasha Kapital".-
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- Politics
- 27 March 2024 11:08
Finance
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The Central Bank of Azerbaijan has issued an official warning to the Baku Stock Exchange (BSE). This is reported on the CBA website.
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As of the end of June 2024, the 'Mortgage and Credit Guarantee Fund' had deposits in Azerbaijani banks in the amount of AZN 4.6 million. This is reported in the semi-annual financial statements of the Fund.
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The Central Bank of Azerbaijan (CBA) has issued a licence for currency exchange activity (‘Exchange’) to 'Money Shop' company.
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