Bank Of Baku

Changes to authorized capitals of state institutions to be made in Azerbaijan

Changes to authorized capitals of state institutions to be made in Azerbaijan
# 26 October 2010 16:10 (UTC +04:00)
According to decision the expenditures of investments planned to be spent to the improvement of state institutions’ activity, development and strengthening of and etc material and technical basis must be entered to the authorized capitals of the same institutions.

The purpose of the adoption of decision is to improve the financial situations of institutions and etc.

The State Committee on Property Issues was ordered to ensure the making of changes to authorized capitals of state institutions and make offers and submit them to the Cabinet of Ministers.
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THE OPERATION IS BEING PERFORMED