Non-bank credit organization Kredit Servis has reduced its authorized capital by 250,000 manats or 19.5%.
AI will summarize what happened, why it matters and what it means for business.
Non-bank credit organization (NBCO) Kredit Servis has reduced its authorized capital by 250,000 manats or 19.5%.
According to FinFly, citing the State Tax Service, the organization's authorized capital was reduced from 1.283 million to 1.033 million manats.
NBCO Kredit Servis was established in 2011.
Generated by AI. Please check key details when accuracy matters.
NBCO Kredit Servis established
authorized capital was 1.283 million manats
authorized capital reduced by 250,000 manats to 1.033 million manats
Foreign investment means money, technology or assets invested by a company or fund from one country into projects and businesses in another country. FinFly explains why it matters for Azerbaijan, business and readers in clear language.
How business loans workWhat banks check in a company: revenue, turnover, collateral, term, sector risk and financing purpose. FinFly explains why it matters for Azerbaijan, business and readers in clear language.
How deposit insurance worksWhy part of deposits is protected by an insurance system and what depositors should check. FinFly explains why it matters for Azerbaijan, business and readers in clear language.