Azerbaijan, Baku, 8 April / Trend corr. U.Ismayilova / Gunduz Mammadov, the chairman of State-owned Committee on Securities at the Presidential Office of Azerbaijan, stated that Azerbaijan has started gradual integration process with the world security market.
"The two Azerbaijani banks, Mugan bank and Rabitabank, and one company Istehsalat-Kommersiya engaged in the ginning industry, have placed their bonds in Latvia and started their integration process with the market," Mammadov said.
According to Mammadov, although Azerbaijani entrepreneurs have stated their integration process, no proposal from foreign entrepreneurs to place their securities in Azerbaijan has been submitted to the Committee so far.
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