Economics - 2012
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The order of the Prime Minister Artur Rasizade on September 18 set a limit harvesting of grain for the needs of the State Grain Fund (SGF). The reserves of the Fund should not exceed 500 thousand tons...
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US$ 10.5 m of additional loan has been agreed with IBA plus intent to fund up to US$ 60 m for the construction of the new agitation plant at Gedabek.Anglo Asian Mining plc, the AIM listed gold produce...
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On the occasion of September 20 - the Day of Azerbaijani Oil - the Bank of Baku begins allocation of concession loans to employees of the oil industry of Azerbaijan.As reported in the bank, in the per...
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Assets of DemirBank on September 1, 2012 amounted to 375.4 million manat, which exceeds the corresponding date last year by 44.8 million manat or 13.6%. The loan portfolio of the bank amounted to 283....
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Assets of Deka Bank increased in January-July 2012 by 12.6% to 53.68 million manat. The volume of issued and corporate loans grew by 16.2% and amounted to 44.43 million manat.The total liabilities of...
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JSC Bank of Azerbaijan increased the number of its own ATMs to 34 units.As reported in the bank the other day in the city center were installed three additional ATMs. They are located at the following...
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The Russian Insurance Company Concord completed "reconnaissance in force" in the domestic insurance market and intends to expand and strengthen its own representative office here.According to the CEO...
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The total gold reserves of Azerbaijan held in the Central Bank of the country have reached 21,413.4 troy ounces (666 kg with a market value of $ 37.9 million).As reported by the Ministry of Finance, t...
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JSC Zaminbank increases share capital by 1 million or 4.8 percent.As the press service of the State Committee for Securities said, the corresponding prospectus for five thousand ordinary registered no...
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Fitch Ratings has assigned Pasha Bank, Azerbaijan, the long-term Issuer Default Rating ("IDR") at "B +" with a "stable" outlook.According to the agency, IDR and stability rating Pasha Bank reflect the...
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Today Azerbaijan celebrates a professional holiday "Oilman's Day."The Oilmen's Day is celebrated in Azerbaijan since 2001. The holiday has been established by the presidential decree in honor of signi...







