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NDF holds extraordinary shareholder meeting

12 August 2011 11:36 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. The National Deposit Fund has held extraordinary shareholder meeting on discussion of outcomes of H1, 2011.

According to NDF, its operation and financial indexations were reviewed, completed projects during 6 months were evaluated.

It was noted that, the operation sphere improved, automatization process of operations on depositary was intensified and new e-service spheres were founded. Electron link was launched and other innovations were put into use.

It was also noted that, NDF participated in the projects on designing of new architecture of stock market and determined the development directions as a central post-trade in the market in accordance to new draft law on â€œSecuritiesâ€ and State Program on development of Security Market developed by State Committee for Securities.

The assets involved to save by NDF reached AZN 4.4 bln. At the same time, contracts were signed with 19 new issuers, 132 emission were registered in amount of AZN 393 mln.