JSC Bank VTB (Azerbaijan) has summed up the announced public tender for the audit of the financial results of 2012 and quarterly reports in 2013 on the basis of International Financial Reporting Standards.
As reported in the bank, according to the decision of the tender commission, the winner was the international auditing company Ernst & Young. The external audit of the bank for 2009, 2010 and 2011 was carried out by Baker Tilly Audit Azerbaijan.
The Russian financial institution Bank VTB acquired a 51% stake in Azerbaijani AF Bank and made the necessary re-branding in 2008. -15D -
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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