Baker Tilly Azerbaijan LLC won the tender for the purchase of audit services for financial statements of Azerbaijan Mortgage Fund OJSC, the Fund said in a message on November 17.
The message says that the contract between the parties was signed on November 13.
Baker Tilly Azerbaijan is a member of Baker Tilly Internationational, a global network of independent firms providing audit and consulting services. It is a national firm operating since April 2007 with around 50 employees generating a fee income of 2.5 million manats annually.
The Azerbaijan Mortgage Fund was established in December 2005 and began issuing mortgage loans in March 2006. The Fund’s authorized capital totals 377.28 million manats.
(1.7002 manats = 1 USD on Nov. 17)
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