Preparation for IBA�s Privatization Can Start - Samir Sharifov
Baku / 19.09.17 / Turan: Preparations for privatization of the International Bank of Azerbaijan (IBA) can begin, Finance Minister Samir Sharifov said in a conversation with reporters on September 19.
According to him, the preparation can begin in 2018. He noted that this became possible after the completion of the restructuring of the bank"s external obligations.
"The EBRD"s leadership during the visit to Azerbaijan was interested in this issue and expressed interest in participating in this process. We will continue discussions with them," the minister said. -71D-
Finance
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The Central Bank of Azerbaijan (CBA) has issued binding orders regarding 'Unibank' and 'Rabitabank'.This is reported on the CBA website.
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Chairman of the Board of Trustees of the Mandatory Life Insurance Bureau (MLIB) Ziya Aliyev has been relieved of his post.
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‘Baku Stock Exchange’ (BSE) has published operational indices for January 2025. Last month, 10,309.1 deals worth $3,189 million were concluded at the exchange. This is up by 4.55 times and up by 3.4 times from the same period of the last year respectively.
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An auction on placement of the interest-bearing, registered, unsecured, undocumented bonds of the joint stock company ‘Ferrum Kapital’, which provides factoring services in Azerbaijan, with the code AZ2018022288 ISIN , nominal value of AZN 1 million, circulation term of 2 years, was not held at the Baku Stock Exchange (BSE). This is reported by the BSE.
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