Baku, Azerbaijan, Sept. 20
By Eldar Janashvili – Trend:
Azerbaijan’s Muganbank OJSC sent a semi-annual report to Azerbaijan’s Financial Market Supervisory Authority (FIMSA) in order to raise the issue of establishing Mugan Kapital OJSC, Trend reports referring to the bank’s semi-annual report.
The main topic of discussion at the June meeting of shareholders of Muganbank was "participation of the bank as the founder of Mugan Kapital OJSC”.
There are currently 9 investment companies licensed by FIMSA.
An investment company is a legal entity created in the form of a joint stock company, licensed to operate an investment company, the sole subject of which is the provision of basic and auxiliary investment services.
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