OREANDA-NEWS. December 29, 2009. The State Committee for Securities of Azerbaijan has issued next licenses for activity at the securities market.

The Committee says that this December it licensed AFB Capital Ltd for dealer and brokerage activity.

Thus, now the domestic securities market is numbering 15 licenses for brokerage activity, 13 for dealer and 3 for management with securities.

The founder shareholder of AFB Capital is AFB Bank OJSC, one of the youngest banks of Azerbaijan.

AFB Capital’s charter capital totals AZN 100,000. Its director is Elshad Ibrahimov.