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IBA-Moscow
IBA-Moscow is a subsidiary bank of the International Bank of Azerbaijan located in Moscow, Russia. IBA-Moscow is a registered Russian limited liability company and employs approximately 300 people.“The Bank IBA-Moscow” Banki.ru LLC news agency History and Overview IBA-Moscow was started in 2002. The primary purpose is to deepen trade and economic ties between and and to provide servies to Azerbaijani citizens who live in Russia. One of the founding principles of the bank was to strengthen trade and ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Bank Of Azerbaijan
ABB (from az, Azərbaycan Beynəlxalq Bankı ; formerly known as International Bank of Azerbaijan), the largest bank in Azerbaijan, is an open joint-stock company whose shares are owned by the Azerbaijan state. History ABB OJSC was founded on January 10, 1992, as a joint-stock bank. The head office of the bank is located in Baku. ABB is currently one of the leading banks in the South Caucasus region in terms of assets, customer base, and international operating portfolio. With 59 branches and 19 sub-branches in different regions of Azerbaijan, the bank provides universal banking services to private and corporate clients. The number of legal entities served by the bank is about 18,000, and the number of individuals served totals more than 1.3 million. The bank employs more than 2700 people. According to the Decree of the President of the Republic of Azerbaijan No. 1174 dated November 5, 2020 “On ensuring the activities of the Azerbaijan Investment Holding”, the Bank ABB Ope ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Liability
Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or partnership. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets of the company, not the assets of its shareholders or other investors. A shareholder in a corporation or limited liability company is not personally liable for any of the debts of the company, other than for the amount already invested in the company and for any unpaid amount on the shares in the company, if any, except under special and rare circumstances permitting "piercing the corporate veil." The same is true for the members of a limited liability partnership and the limited partners in a limited partnership. By contrast, sole proprietors and partners in general partnerships are each liable for all the debts of the business (unlimited ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Foreign Ministry
The Ministry of Foreign Affairs of the Russian Federation (MFA Russia; russian: Министерство иностранных дел Российской Федерации, МИД РФ) is the central government institution charged with leading the foreign policy and foreign relations of Russia. It is a continuation of the Ministry of Foreign Affairs of the Russian Soviet Federative Socialist Republic, which was under the supervision of the Soviet Ministry of External Relations. Sergei Lavrov is the current foreign minister. Structure of the Russian Ministry of Foreign Affairs The structure of the Russian MFA central office includes divisions, which are referred to as departments. Departments are divided into sections. Russian MFA Departments are headed by Directors and their sections by Heads. According to Presidential Decree 1163 of September 11, 2007, the Ministry is divided into 39 departments. Departments are divided into territorial (relations between Russia and fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2002
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Russia
Banking in Russia is subject to significant regulations as banks in the Russian Federation have to meet mandatory Russian legislation requirements, and comply with numerous Bank of Russia instructions and regulations. History Soviet period Until 1986, the USSR banking system included 4 components: Stroybank, Vneshtorgbankand, Mrudesberkass and Gosbank. Perestroika Perestroika reforms affected the banking system. In June 1987, a plenum of the Central Committee of the CPSUs took place, where it was decided to improve the system. In July 1987, the Central Committee of the CPSU and the "Council of Ministers of the USSR made Resolution No. 821 "On improving the system of banks in the country and strengthening their impact on improving the efficiency of the economy. The creation of banks on a commercial basis was permitted by the Law "On Cooperation in the USSR", adopted on May 26, 1988. As part of Mikhail Gorbachev's perestroika program, other banks were formed, including; "Proms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Buses
GAZ Group Bus Division is the business unit of the GAZ Group overseeing bus manufacturing. It combines several Russian bus manufacturing companies. Starting in 2015, the GAZ Group has introduced a single brand for all its bus manufacturing subsidiaries, and newly manufactured vehicles now feature the deer badge of the GAZ company. History The division has its origins in a reorganization of the automotive companies owned by the Siberian Aluminum holding (later Basic Element), which were consolidated under the ''RusPromAvto'' consortium. RusPromAvto (russian: РусПромАвто) was created on 7 August 2000 and combined several Russian bus manufacturers. LiAZ was added to the group in 2001. It became known as ''Russian Buses'' (russian: Компания Русские Автобусы, Kompaniya Russkiye Avtobusy) in May 2004, and was based in the village of Maliye Vyazemy in Moscow Oblast. In 2005, during the restructuring of the production assets of RusPromAvto, the company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Azerbaijan Airlines
Azerbaijan (, ; az, Azərbaycan ), officially the Republic of Azerbaijan, , also sometimes officially called the Azerbaijan Republic is a transcontinental country located at the boundary of Eastern Europe and Western Asia. It is a part of the South Caucasus region and is bounded by the Caspian Sea to the east, Russia (Republic of Dagestan) to the north, Georgia to the northwest, Armenia and Turkey to the west, and Iran to the south. Baku is the capital and largest city. The Azerbaijan Democratic Republic proclaimed its independence from the Transcaucasian Democratic Federative Republic in 1918 and became the first secular democratic Muslim-majority state. In 1920, the country was incorporated into the Soviet Union as the Azerbaijan SSR. The modern Republic of Azerbaijan proclaimed its independence on 30 August 1991, shortly before the dissolution of the Soviet Union in the same year. In September 1991, the ethnic Armenian majority of the Nagorno-Karabakh region formed the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
