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Report Date : |
17.10.2014 |
IDENTIFICATION DETAILS
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Name : |
MAHIR DADASH OGLU ALESGAROV |
|
|
|
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Registered Office : |
Ibrahim Pasha
Dadashev, 8th Micro-district, House 91, Flat 60
Binagadi District Baku AZ1130 |
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Country : |
Azerbaijan |
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|
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Date of Incorporation : |
20.09.2011 |
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Legal Form : |
Proprietorship |
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|
|
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Line of Business : |
Non-specialised
wholesale trade [We tried to confirm / obtain the detailed activity but the same is not
available from any sources] |
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|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Azerbaijan |
B1 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
AZERBAIJAN - ECONOMIC OVERVIEW
Azerbaijan's high economic growth
has been attributable to large and growing oil and gas exports, but some
non-export sectors also featured double-digit growth, including construction,
banking, and real estate. Oil exports through the Baku-Tbilisi-Ceyhan Pipeline,
the Baku-Novorossiysk, and the Baku-Supsa pipelines remain the main economic
driver, but efforts to boost Azerbaijan's gas production are underway. The
eventual completion of the geopolitically important Southern Gas Corridor
between Azerbaijan and Europe will open up another, albeit, smaller source of
revenue from gas exports. Azerbaijan has made only limited progress on
instituting market-based economic reforms. Pervasive public and private sector
corruption and structural economic inefficiencies remain a drag on long-term
growth, particularly in non-energy sectors. Several other obstacles impede
Azerbaijan's economic progress, including the need for stepped up foreign
investment in the non-energy sector and the continuing conflict with Armenia
over the Nagorno-Karabakh region. Trade with Russia and the other former Soviet
republics is declining in importance, while trade is building with Turkey and
the nations of Europe. Long-term prospects depend on world oil prices,
Azerbaijan's ability to negotiate export routes for its growing gas production,
and its ability to use its energy wealth to promote growth and spur employment
in non-energy sectors of the economy
|
Source
: CIA |
CO.
NAME : Mahir
Dadash Oglu Alesgarov (Correct)
Alasgarov Mahir Dadash (Requested)
Street : Ibrahim
Pasha Dadashev, 8th Micro-district, House 91,
Flat
60
Area : Binagadi
District
Town Baku AZ1130
Country : Azerbaijan
Mobile : (994
50) 786 6624 (unobtainable)
English Translation :
Mahir Dadash Oglu Alesgarov Private Entrepreneur
Also known as : Mahir
Dadash Oglu Alesgarov Individualniy Predprinimatel
Name Position
Mahir Dadash
Oglu Alesgarov General Manager /
Owner
Current
trade experience of payments has not been traced.
Our
sources could not contact the company and obtain a direct
interview.
Our show the following mobile number is listed for the subject: (994 50) 786
6624. This number is currently unobtainable (out of order). No other telephone
numbers are listed for the subject at the local telephone directory.
Information
in this report was obtained from the third party sources only.
Trade
risk assessment : No classification
It is
normal accepted practice for international suppliers to deal on secured terms
with Azerbaijani importers.
Details
of subject's bankers could not be learnt.
Balance
sheets are not available. Financial information could not be
obtained
from other sources.
Date
Started : 20 September 2011
History
: The Subject was established
in Azerbaijan on 20 September 2011.
Tax
No.: VOEN 5200141712
Capital
: not applicable
Ferde
Muessesesi (proprietorship) owned by Mahir Dadash Oglu Alesgarov (Azerbaijani
national / resides at: Ibrahim Pasha Dadashev, 8th Micro-district, House 91,
Flat 60, Binagadi District, Baku AZ1130).
The
Company is involved in the following activities :
Registered
activity: Non-specialised wholesale trade;
NACE
Code: 4690
The
Company has the following facilities :
Registered
offices
located at the heading address.
Ibrahim
Pasha Dadashev
8th
Micro-district, House 91, Flat 60
Binagadi
District
Baku AZ1130
You
enquired on: Alasgarov Mahir Dadash. Please note that the correct name is as
per heading.
The
address which you provided: Baku City Masimi Dst 4 MKR H2 MIr Jalal Street H2
F50 Azerbaijan is could not be verified. Please note that subject's registered
office address is as per heading.
Interviewed:
Third Party Sources.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.48 |
|
|
1 |
Rs.98.24 |
|
Euro |
1 |
Rs.78.66 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIS |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors
are apparent. Repayment of interest and principal sums in default or expected
to be in default upon maturity |
Limited with full security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.