Bank Of Baku

National Deposit Centre gets 18% rise in assets

National Deposit Centre gets 18% rise in assets
# 17 November 2011 14:32 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. National Deposit Centre increased the assets by 17.6%.

According to NDC, during the 3rd quarter, contracts were signed with 12 new issuers on rendering of depositary and registry services: “Additional 810 mln manat was involved to savings and total assets increased to AZN 5.4 bln”.

Note that, NDC has been in operation since September 18, 1997.

Authorized capital makes AZN 1.4 mln. Number of issuers in NDC is more than 1,200.
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