Economics - 2017
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In the main office of Bank Silk Way new Cash-in ATMs have been installed, the bank said. Currently, the number of ATMs that support Cash-in in the main office has been brought to three. In the...
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JSC Azerbaijan Mortgage Fund has announced a tender for the establishment and application of the Electronic Mortgage system on the portal Electronic Government, said the Fund. The fee for particip...
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The State Committee for Property Affairs (SCPA) published the results of the February 21 auction for the sale of shares of privatized stock. On the repeated auction 9.69% of shares of Avtomotoserv...
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On the foreign exchange auction of the Central Bank on February 28, the dollar rose from 1.7475 to 1.7514 manat. The auction was attended by the State Oil Fund. At the same time the Central Ba...
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In January, Azerbaijan produced about 140 thousand tons of cement, 40% more than in the same period last year. Cement production in the past year decreased due to the fall in business activity as...
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Central Bank has not changed the dollar rate on February 28, leaving it at the level 1.7475 manats. Commercial banks buy the US currency in the range of 1,73-1,75 manat, and sell for 1,78-1,84 ma...
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The State Committee for Property Affairs has auctioned a medical center in the village Vishnevka in the Khazar district of Baku. Until November last year, the subject was subordinate to the Office of...
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The demand for deposit auction of the Central Bank of Azerbaijan on February 27 totaled 196.5 million manat, while the supply was 150 million manat. The funds were raised for a period of 14 days,...
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The depositors of 10 closed banks have been offset by 725 million 712 thousand manat by the Deposit Insurance Fund. The specification is as follows: Para Bank – AZN 43 million 175 thousand (98.4% of t...
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The insurance company Pasha Sigorta is a leader in insurance fees. According to the report of the Financial Markets Supervision Authority (FIMSA) in 2016, the company's fees amounted to 100 million 12...
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In 2016, insurance companies’ fees totaled 486 million 74 thousand manat, according to the Financial Markets Supervision Authority (FIMSA). According to the report, compared with 2015 it is 9.7% o...
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Compound processes go in the tobacco market of Azerbaijan on the background of a general process of forced transparency at customs, which began in 2015 after the fall of the prices of oil and certain...
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The law will oblige insurance companies to publish financial reports in a timely manner. Turan was told by the Advisor to the Chairman of the Board of Directors of the Financial Markets Supervisio...
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No disclosure of financial reports by insurance companies suggests that the vast majority of them operate at a loss and do not want to advertise it, said the executive secretary of the movement Rep...
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President Ilham Aliyev has ordered the application of the Law (passed on February 1, 2017) on Amendments to the Law "On securities market", according to which securities may be re-issued in paper f...
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This year there will be changes in the insurance legislation of Azerbaijan, said the head of the Board of Directors of the Financial Markets Supervision Authority (FIMSA) Rufat Aslanli. Speakin...






