Economics - 2012
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British company Corporate Solutions proceeded to the active implementation of the project "Modernization of the Capital Market", being a consultant to the State Committee for Securities. Yesterday the...
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On October 1, 2012 the airline "Azerbaijan Hava Yollari" will increase the norm for free baggage allowance of up to 2 seats (1 seat no more than 23 kg) on the route Dubai - Baku. For business class...
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The international rating agency Moody's has raised the outlook on the long-term rating of The Bank of Baku B2 from stable to positive.Analysts at Moody's, evaluating the prospects of The Bank of Baku,...
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Information has been published about the awards and payments in the local market from January-August.During the first 8 month of the year, the Azerbaijani insurance market collected 228 million 872.6...
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Shares of Zaminbank totaling 1.5 million manat were posted at the Baku Stock Exchange on Sept. 25.The release of 50 thousand ordinary registered non-documentary shares worth AZN 200 passed state regis...
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From January to July 2012, the active credit portfolio of the non-bank credit organization Ltd. CredAgro decreased by $ 472,000 or 1.4% to $ 33.65 million.Assets of the company increased during the fi...
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Short-term notes of the Central Bank of Azerbaijan (CBA) Series 50103934S worth 3.76 million manat were released at auction, held September 26, 2012. The volume of accepted non-competitive bids was 25...
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The customers of Unibank will now be able to conduct retail loan repayments through the post offices. The bank's agreement on cooperation with Azerpoct allows such payments.New loans can be paid throu...
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Loan portfolio non-bank credit organization (NBCO) CJSC "Aqrarkredit" fell in January-July this year by $ 431 thousand or 2.1% to $ 20.72 million. During the reporting period microcredit increased by...
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The microcredit loan portfolio in Azerbaijan declined in July of this year at $ 67.12 million, or 9.3%, to $ 652.72 million for 352.19 thousand clients. Since the beginning of the year the figure rose...
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For the first time in the insurance market of Azerbaijan compulsory type of insurance was the top prize - the compulsory liability insurance of vehicle owners to third parties (the new CTP) collected...
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At the end of October 2012 SOCAR will start drilling in the territorial waters of Israel on Med Ashdod oil field in the Mediterranean Sea, Farid Ahundov, General Director of Caspian Drilling Company...
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In January-August for all types of insurance companies were paid 58 million 873.05 thousand manats, which is 38.4% more than last year.Voluntary insurance payments produced 48 million 897.2 thousand m...
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All the local insurance market in January-August for compulsory premiums collected the total amount of 87 million 199 thousand manat. The share was 38.1%. Just a month ago, the ratio was 29 to 71%, wh...
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This year Azerbaijani sources quit releasing information about gas deliveries of State Oil Company of Azerbaijan (SOCAR) to Russia. Russian gas monopolist Gasprom did not release this information eith...
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Insurance company AXA MBASK has implemented an insurance payment on the occasion of compulsory civil liability insurance of vehicle owners (new CTP).Since the accident was fatal third party insurance...




