In January-June, the total number of non-bank credit organizations (NBCO) operating in Azerbaijan increased by 6 t* 139.
According t* the Central Bank, during the reported period, the number of branches of these institutions has increased by 16 or 14% t* 130. Most of all branches (32) are located in the Aran economic region.
In the descending order of density of branches Aran is followed by the Absheron economic region - 29 (seven more branches in relation t* the beginning of the year), Ganja-Gazakh economic region - 24 (+3), Lankaran economic region - 10 (+3), Sheki-Zagatala economic region - 12 (+2), Upper Karabakh economic region - 9 (4), Guba-Khachmaz economic region - 6 (-2), Shirvan economic region - 5 (0), Nakhchivan economic region - 2 ( 0). There are n* units in the Kalbadjar-Lachin economic region.
Compared with the beginning of the year the number of organizations funded by international humanitarian organizations has increased by one t* 28. They accounted for 90 percent of the existing branches.
During the reported period, six new licenses acquired credit union, and their number reached 108's. During the same period, the resolution was withdrawn tw* credit unions. - 15B-
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review