Economics - 2013
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The volume of OTC trading in the period from September 30 to October 30 for the second time this year broke the record, surpassing 36.2 million manat.According to the Baku Stock Exchange statistical i...
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The legislative concept on the financial statements of Azerbaijan Insurers became clearer with the adoption of amendments to the law "On insurance". If before insurance or reinsurance companies and in...
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JSC Deka Bank in the first three quarters of 2013 had a net profit after tax of 2.78 million manat, which is 21.4 % more than in the same period in 2012. The bank's earnings were equal to AZN 5.1 mill...
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The Ministry of Finance will hold 8 and 12 November next monthly test examinations for candidates for executive positions and candidates for the brokerage space in the insurance industry.As stated in...
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Assets of AGBank increased in January- September 2013, up 25.6 %, reaching 435.29 million manat. The volume of issued and corporations loans grew by 26 % and amounted to 314.44 million manat.Total lia...
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The State Social Protection Fund (SSPF) is going through the courts to compensate the damage caused to it by the Baku refrigerators plant.According to the note, the capital Court of Appeal headed by J...
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The Cabinet of Ministers adopted new rules on October 14 on the grace and simplified transportation by physical persons through the customs border of goods not intended for production or commercial pu...
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The credit portfolio of Khalq Bank at the end of October this year amounted to 1.011 billion manat.As stated in the bank, the biggest percentage of the loan portfolio continues to be corporate borrowe...
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Bank VTB Azerbaijan is developing successfully. The bank's assets by national standards up to October 1, 2013 exceeded 200 million U.S. dollars, an increase of 71 % compared with the results of the 1s...
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From October 31, during the month in Azerbaijan with the support of Bank Respublika at the initiative of the Centre for Research and Development of the Central Bank of Azerbaijan (CBA) under the "Fina...
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The number of active users of Facebook (account activity at least once a month) by 1 October reached 1.19 billion (+18 % compared to the same date last year). In this case, 874 million people use it w...
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The insurance company Ateshgah has launched a new product called "5-lik".According to the official report, this is a kind of addition to the package of services under the compulsory insurance of civil...
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In the first nine months of this year, industrial production in the private sector, which generated more than 81 % of industrial output of the country decreased compared to the same period of 2012 by...
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The connection of the Odessa-Brody oil pipeline with Polish Plozk and Gdansk cities does not guarantee payback and we will have to look for oil to fill it, admitted one of the key partners of the proj...
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Turkmenistan President Gurbangulu Berdymohammadov and Turkish President Abdulla Gyul had a telephone conversation, reported the Turkmenistan government on Wednesday.“Gyul has highly evaluated the init...
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On November 26, 2013 the Caspian Pipeline Consortium (CPC) plans to approve the extension project, considering the amendments, reported Interfax quoting Nikolai Brunich, CPC General Director.He added...

