In June of this year the Central Credit Register Service (CCRS) received 78,566 requests, which is 2.2% less than the previous month. Of the total number of calls only 0.2% was done by individuals. The number of requests made was 36% less than it was in May.
According to the Central Bank, within the first six months of 2012 CCRS received 380.15 thousand requests. Compared to January-June 2011, the figure rose by 144.87 thousand units or 61.6%.
On July 1, 2012 the total number of borrowers reached 1.332 million, of which 1.309 million were individuals.
As of the reported date, the number of guarantors was equal to 481 thousand persons. The total number of credit data for the first time reached 3.449 million. - 15B -
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review