Baku, Azerbaijan, Sept. 24
By Eldar Janashvili - Trend:
Azerbaijani non-banking credit organization (NBCO) Azerbaijan Micro Credit, specializing in the issuance of micro-loans, has increased its authorized capital by 100,000 manats, Trend reports referring to the Azerbaijani Ministry of Taxes.
The current authorized capital of Azerbaijan Micro Credit is 2.6 million manats, which is 3.9 percent more than the original volume. According to the organization’s semi-annual report, the authorized capital of the company amounted to 2.5 million manats at the end of June.
The company’s total capital, excluding other changes for the third quarter, makes up 2.654 million manats.
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