State missed leadership due to NBCO capital
The "Kapitalbank" has increased the authorised capital of non-banking credit organisation "Birkart" by 32%, or AZN 20.1 million, to AZN 83.3 million.
This is reported in the state register of commercial organisations of the State Tax Service under the Ministry of Economy.
Thus, in terms of authorised capital "Birkart" has surpassed the state-owned "Agrocredit" with AZN 45.4 million and moved up to the 1st place. In other words, the state lost the leadership due to the NBCO capital.
Finance
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The Baku Stock Exchange (BSE) has completed an auction on placement of the next batch of interest-bearing, unsecured, book-entry bonds of the joint stock company ‘GL’, operating in Azerbaijan under the brand name ‘Your Pawnshop’ with the code Az2018020282 ISIN, nominal value of AZN 500,000 and circulation period of 5 years.
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The joint-stock company "BOA Agency", which is engaged in the accumulation of overdue debts (including bank loans) in Azerbaijan, has published financial indices for the year 2023.
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Ferrum Kapital" (provides factoring services) has released its financial indices for the year 2023.
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Tomorrow, the Central Bank of Azerbaijan (CBA) will announce its next decision on parameters of interest rate corridor. This will be the CBA 3rd decision 2024.
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