Another investment company licensed

12:35 - 6.10.2020

October 6, Fineko/abc.az. A license has been issued to ABB-Invest in compliance with the relevant decision of the Central Bank’s Board.

ABC.AZ reports that thus, the number of investment companies licensed in Azerbaijan has reached nine.

ABB-Invest was established by the International Bank of Azerbaijan (IBA) in June 2020. Its authorized capital meets the minimum requirement for investment companies – AZN 300,000, and its legal representative is Nadir Babazadeh.

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