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Report No. : |
328056 |
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Report Date : |
04.07.2015 |
IDENTIFICATION DETAILS
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Name : |
CEYHUN AHMED OGLU EYVAZOV IP (CORRECT) |
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Registered Office : |
Bileceri Stq., Herbi Shehr Street 3, Flat 2, Binagadi District, Baku AZ1117 |
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Country : |
Azerbaijan |
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Date of Incorporation : |
14.07.2007 |
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Legal Form : |
Individual Entrepreneur |
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Line of Business : |
Subject is general trading company [We tried to confirm / obtain the detailed activity but the same is
not available from any sources] |
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No. of Employee : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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Azerbaijan |
B2 |
B2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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.
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Source
: CIA |
In absence of financials, no credit limit could be recommended.
CEYHUN
AHMED OGLU EYVAZOV IP (CORRECT)
EYVAZOV DGEUHUN AHMED OGLI (Requested)
Street : Bileceri Stq., Herbi Shehr Street 3,
Flat 2
Area : Binagadi District
Town : Baku AZ1117
Country : Azerbaijan
Mobile : (994 50) 373 8964 (unobtainable)
Extended Name : Ceyhun Ahmed Oglu Eyvazov Individualniy
Predrinimatel
English Translation : Ceyhun Ahmed Oglu Eyvazov
Individual Entrepreneur
Name Position
Ceyhun Ahmed Oglu Eyvazov General Manager / Owner
Current trade experience of payments
has not been traced.
Our sources could not contact the
subject and obtain a direct interview. According to our the following mobile
number is listed for the subject: (994 50) 373 8964. This number is currently
unobtainable (out of service). No other telephone numbers are listed for the
subject in the local telephone directory.
Information in this report was
obtained from the third party sources.
Opinion on maximum credit : In view of
the above we have insufficient
basis on which to
speak for unsecured
credit and
recommend dealing on fully
secured terms for
all transactions
pending fuller knowledge.
Trade risk assessment : No
classification (see above comments)
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.
FINANCIAL INFORMATION
Balance sheets are not available.
Financial information could not be obtained from other sources.
Date Started : 14 July 2007
History : The subject company was established
in Azerbaijan on 14 July 2007.
Tax No.: VOEN 1001202842
Capital : not applicable
Individualniy Predrinimatel
(individual entrepreneur) owned by Ceyhun Ahmed Oglu Eyvazov (resides at:
Bileceri Stq., Herbi Shehr Street 3, Flat 2, Binagadi District, Baku
AZ1117).
The Company is involved in the
following activities :
Registered activity: General trading
company.
NACE Code: 4690
Details of subject’s imports and
exports could not be learnt.
The Company has the following
facilities :
Registered office is as per heading.
Bileceri Stq., Herbi Shehr Street 3,
Flat 2
Binagadi District
Baku AZ1117
You enquired on: EYVAZOV DGEUHUN AHMED
OGLI. Please note that the correct name is as per heading.
Interviewed: Third party sources.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.40 |
|
|
1 |
Rs.98.94 |
|
Euro |
1 |
Rs.70.33 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
ASH |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.