Economics - 2013
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Assets of JSC Bank of Azerbaijan on the 1st of June this year reached the level of AZN 325.8 million, an increase compared to the previous year by 63%.Lending to individuals and legal entities in the...
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A group of shareholders of JSC "AzNar" named after Teymur Akhmedov , held a press conference and accused the Board of this structure of concealment of income and profits, and the Ministry of taxes...
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JSC "Bank of Azerbaycan" connected to urgent money transfers for individuals "Monex". It is said in a statement.The system "Monex" is a proprietary product of "MuganBank" and shove at the end of 2011....
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JSC Bank of Azerbaijan for the convenience of customers and in the strategy plans before the end of this year to expand its branch network to 20 units.As reported in the bank, in June and July, the ba...
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Bank Respublika gave direct support to the establishment and equipment of an interactive classroom in a complex school-lyceum named after the National Hero Mubariz Ibrahimov, which is equipped with a...
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There is, at last, information about development of the banking system in quarter 1, 2013. We did not properly explain the reasons of lack of the data. CBA has recently specified that it had to bring...
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Local diversified company Baghlan Group FZCO, which is the principal owner of Hafiz Mammadov has received a credit rating.As the credit rating service Standard & Poor's it is assigned a long-term cred...
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This year Azerkhimiya company, owned by SOCAR, will start construction of ammonia and carbamide plant with the capacity of 680,000 tons in Sumgait city, Muhtar Babayev, General Director of Azerkhimiya...
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This summer Azerbaijan Methanol Company (AzMeCo) will put into operation the plant for manufacture of 730,000 tons of methanol a year, said Muhtar Babayev, General Director of Azerkhimiya company, str...
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OJSC International Bank of Azerbaijan held on June the 14th general meeting of shareholders at which a decision was made on the payment of dividends at the rate of 1 gepiks per share with par at 24 ge...
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The hotel Four Seasons in Baku on June 21 will host a business forum organized by the Black Sea Trade and Development Bank (BSTDB) as part of the 15th annual meeting of the members of the Governing Co...
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This year, the area under cotton in Azerbaijan amounted to 23 thousand hectares, which is 21.3% less than in 2012, the State Statistics Committee told Turan. In 2012, the area under cotton totaled 29,...
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If Europe representatives of small and medium-sized businesses are struggling with the tax burden and bureaucracy, the Azerbaijani retailers and owners of small service businesses looking for salvatio...
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Rovnag Abdullayev, SOCAR President, has answered questions of Facebook users. SOCAR has launched a new project on its official Facebook page, the goal of which is to inform the SOCAR administration ab...
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Greek Privatization Agency (HRADF) reported that on Monday State Oil Company of Azerbaijan (SOCAR) submitted the proposals for privatization of 60% shares of DESFA, operator of Greek gas transportatio...
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State budget of Azerbaijan continues to be dependent on the oil sector, the investment costs are not transparent, and are questionable from the point of view of economic efficiency. These are the conc...















