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".-
Finance
-
In March 2024, the State Customs Committee transferred 510.5 million manats to the state budget. This was reported by the Committee.
-
The Central Bank of Azerbaijan has published a securities review based on the results of the first quarter of 2024.
-
The company “Xalq Həyat Sığorta” has published its financial indices for the year 2023.
-
The Central Bank of Azerbaijan has restored in force the licences for insurance agent activity to 12 physical entities, and insurance broker activity to 2 physical entities.
Leave a review