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Assets of Azerbaijan National Depository Center increase nearly 70%

Business Materials 31 October 2014 13:33 (UTC +04:00)

Baku, Azerbaijan, Oct.31

By Azad Hasanli - Trend:

National Depository Center under the State Securities Committee of Azerbaijan registered 3,973 exchange transaction for the sale of shares in the third quarter of 2014, which is 725 transactions, or 22 percent more than in 2013, said the statement posted Oct.31 on the NDC site.

The total volume of registered transactions totaled 664.8 million AZN at a nominal value, which is 36.8 million AZN or 5.9 percent more than in 2013.

The official exchange rate as of October 31 is 0.7844 AZN / USD.

For the first 9 months of 2014, the total NDC assets volume increased by 68.8 percent, or 6.2 billion AZN compared to the same period last year, amounting to 15.2 billion AZN.

Some 42 agreements were concluded during the reporting period, which is 20 percent more than the same period of 2013. Compared with the same period last year, the number of accounts opened during the reporting period, increased by 1.9 percent and amounted to 426.

For the first 9 months of 2014 the volume of transactions on the additional issues amounted to $3.8 billion AZN, which is 7 times more than in the same period last year.

Some 777 transactions on the issue were recorded for the 9 months, which is 1.6 times more than in 2013.

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