Economics - 2015
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The production of gypsum and gypsum building materials in Azerbaijan is monopolized in the hands of oligarchs and susceptible to corruption. This is confirmed by the official statistics of Azerbaijan...
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In 2014 OJSC Capital Bank earned 65.9 million of net profit, which is two times more than in the previous year.According to the profit and loss account, in the past year the interest and similar incom...
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In the local insurance market the most profit comes from life insurance. This is confirmed by the fact that the specialized life insurance company Pasha Hayat Sigorta last year had 4 million 284.48 th...
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The insurance company Buta Sigorta concludes every year with a net loss. Last year, they were lower than in 2013 (894.25 thousand against 1 million 158.92 thousand, with a difference of 22.8%). Nevert...
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An official report on the development of local business in the past year has been published, prepared by the Ministry of Economy and Industry.Last year, the number of businesses in Azerbaijan reached...
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The local French-Azerbaijani insurance company AXA Mbask last year suffered a loss of 2 million 934.29 thousand manat (in 2013 its net profit amounted to 29.45 thousand manat). The reason is that the...
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More than by half (minus 55.2%) reduced last year's net profit of the insurance company Standard Insurance. At the end of 2013 it stood at 1 million 43.48 thousand manat, but last year this figure amo...
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The candidacy of 63-year-old Elman Rustamov has been again nominated for the post of Chairman of the Central Bank of Azerbaijan (CBA). It is the 5th consecutive five-year term.The corresponding repres...
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OJSC International Bank of Azerbaijan (IBA) has announced a tender for the audit of the consolidated balance sheet of the financial group belonging to it.According to the IBA, the reports are related...
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The net profit of International Insurance Company (IIC) in the past year amounted to 458.55 thousand manat, which does not correspond to the level of its activity, while in 2013 this figure was disast...
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Travel costs of Azerbaijanis abroad over the past six years increased by 8 times.According to the Central Bank of Azerbaijan, in the past year, residents of Azerbaijan abroad have been provided touris...
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The auction on placement of bonds in the amount of 5 million manat belonging to Azerbaijan Mortgage Fund is scheduled for 1 April. According to the AMF website, the action is carried out in the framew...
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The priority in lending business in Agsu has been identified. According to the information on the website of the National Fund for Entrepreneurship Support (NFES), the advantage will be given to villa...
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The insurance company AzSigorta finished last year with a net profit of 14 million 844.67 thousand manat (minus 6.8% as of 1 January 2014). The profit before tax amounted to 18 million 555.84 thousand...
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The assets of JSC Capital Bank at the end of last year amounted to 1 billion 380 million 76.79 AZN (+ 30.9%).According to the information on the website of the bank, the amount of its loan portfolio a...
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Trans Adriatic Pipeline AG (TAP) invites companies to pre-qualify for the construction of the Pipeline Receiving Terminal (PRT) and the installation of onshore pipeline in Italy.It is intended that th...



