Azerbaijan Central Bank issues license to CPM-Invest Investment Company

A license has been issued to CPM-Invest Investment Company CJSC by the decision of the Board of the Central Bank of Azerbaijan (CBA), Report informs, citing the regulatory structure.

Thus, the number of licensed investment companies in the country has reached 11.

The State Tax Service under the Ministry of Economy registered CPM-Invest Investment Company in January this year. The legal address of the new financial institution is 36a/1,058, Tbilisi Ave, Nasimi district, Baku. Its authorized capital is 400,000 manat, and the legal representative is Nariman Sabir Hadiyev.