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Azerbaijan's national deposit centre divulges results of its April activities

Business Materials 5 May 2009 11:59 (UTC +04:00)

Azerbaijan, Baku, May 5 / Trend , U.Ismayilova/

In April 2009, the National Deposit Centre of Azerbaijan (NDC) signed five agreements to store securities and to register shareholders of joint-stock companies, the Centre said.

A total of 366 agreements on purchase and sale of 1.83 million of stocks with the face value of 8.103 million manat, as well as four agreements on purchase and sale of 77 bonds with the face value of 53,500 manat, were registered in this period.

The National Deposit Centre is a state organization and is a part of the national deposit system. NDC is directly engaged in deposit activities, keeps books of depositors involved in the deposit system and controls their activities.

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