Subscription for "Legion Financial" shares starts
Subscription for "Legion Financial" shares starts
Subscription for ordinary non-documented registered shares of "Legion Financial" joint stock company (provides leasing services) with the code AZ1001025464 ISIN in the amount of AZN 1.3 million has started from today.
This was reported by ‘Baku Stock Exchange’ (BSE).
The message says that the process will take 3 days.
It may be recalled that by the decision of the BSE Listing Committee 13, 000 shares with nominal value from AZN 100 were listed in the standard segment of the market. "Assist Finance" investment company acts as underwriter of the placement. If all shares are sold, "Legion Financial"s authorized capital will rise from AZN 2.34 million to AZN 3.64 million.
Finance
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The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure.
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If 2 years ago a share of local revenues in the budget of the Nakhchivan Autonomous Republic was 20-25%, by this year's end a share of local revenues will exceed 50%.
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The Central Bank of Azerbaijan (CBA) has given binding instructions to 'Azsığorta', 'Atəşgah Insurance', 'İpək Yolu Insurance', 'Xalq Həyat Insurance', 'Aqrar Insurance' and 'AzRe Təkrarsığorta'. This is reported on the CBA website.
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The NBCO 'Para will hold a regular general meeting of shareholders on 4 February at 11:00.
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