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Azerbaijani President signs decree on the activity of "Azerbaijan Industrial Corporation" OJSC


President Ilham Aliyev signed a decree on additional measures to ensure the activity of the Azerbaijani Industrial Corporation Open Joint Stock Company.

 

According to the decree, the Charter of "Azerbaijan Industrial Corporation" OJSC is approved. The assets of Agrarcredit CJSC, as well as the problem assets of the International Bank of Azerbaijan for the amount of 3 billion 854.3 million manats, are transferred to the balance of the "Azerbaijan Industrial Corporation" OJSC

 

The authorized capital of OJSC is approved in the amount of 5 million manat.

 

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