Economics - 2012
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The energy efficient technologies must be widely applied by the state agencies to spread in the remaining sectors, Jamil Melikov, Deputy General Director of the Azerbaijan State Agency for Alternative...
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Cabinet of Minister has given a state guarantee for the purchase of nine aircrafts and six helicopters worth $ 650 million (including the cost of conversion and bank charges.)The state guarantee was...
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The foreign trade turnover between Azerbaijan and Russia before the end of the year is to reach a record level of $ 3.1 billion - said at a press conference in the news agency Interfax Azerbaijan the...
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Cabinet of Ministers has revised the decision on the allocation of the state budget to finance public investment projects. Due to reducing the financing of five projects the Ministry of Transport has...
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Russian financiers are going to actively develop the banking sector of Azerbaijan.As said at today's press conference the Russian Trade Representative in Azerbaijan Yuri Shchedrin, the number of local...
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JSC BankTechnique (former Texnikabank) in one of its subsidiaries has successfully tested a new banking system from the company FlexCube Oracle Financial Services.As reported in the bank, the project...
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The insurance company Buta Sigorta added to the list of insurance agents of the Azerbaijan Mortgage Fund (AMF). This is the 21st of the authorized organizations (of the market of 28 insurance companie...
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Mortgage Fund under the Central Bank of Azerbaijan announces tender to attract external auditor for audit of the financial statements for 2012, 2013 and 2014.As reported in the fund, the fee for parti...
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Azerbaijani representation of the Russian insurance company Concord to the end of the year is to conclude contracts for $ 350-400 thsd.Relationships are maintained with all the leading local insurers,...
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Turnover of non-cash foreign exchange transactions in September 2012 totaled the equivalent of 3,346 million ($ 4.3 billion), an increase over the month by 35%. Only 9 months of this year, foreign exc...
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Total receipts of cash to banks in January-September 2012 amounted to 23.209 billion manat, which is 34.8% more compared to the same period last year. The largest share belonged to sale of foreign cur...
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On Wednesday, Baku hosted a seminar on Central Credit Registry, positive credit history of small and medium enterprises and the ways to use that image.The seminar was organized with the assistance of...
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JSC "Bank Nikoil" in the first three quarters of 2012 had net profit after tax of 2.04 million manat, which is 1.5 times more than the figure recorded a year earlier. Income and expenses of the bank w...
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PASHA Bank, one of the leading corporate banks in Azerbaijan, has successfully completed negotiations with one of the leading Swiss banks - Banque Cantonale de Geneve (BCGE) - on cooperation in the sp...
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State Securities Committee has suspended the license of Unicapital LLC and Standard Capital LLC for securities management. The reason for this step is not made public.From this year the legislation ha...
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From January to October 2012 Azerbaijan manufactured 1,968,000 tons of diesel fuel, down 5.8% against the same period last year, according to the Azerbaijan State Statistical Committee.In 2011 Azerbai...










