Economics - 2014
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In Azerbaijan, the government almost completely took control of the import of wheat - more than half of it is financed by the state.This year, the Cabinet of Ministers decree established unwritten vol...
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In January-September, the turnover of the national system of large payments (AZIPS) totaled 76 734 million manat (minus 9% against 1 October of the previous year).According to the Central Bank, within...
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In January-September, the number of ATMs in Azerbaijan increased by 5%.According to the report of the Central Bank, as of October 1, 2014 the number was 2 543. In Baku there are 1 440 ATMs and in the...
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November 3 introduced a new system of compulsory settlement of claims for insurance payments. We are talking about insurance companies - members of the Compulsory Insurance Bureau (CIB).The informatio...
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On November 3 started placement of an additional issue of shares by joint Azer-TurkBank, which will allow it to bring the level of the authorized capital up to 50 million manat in accordance with the...
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The licensed on limited banking activities of 4 credit unions, Aslanli, Mixliqovaq, MaliyyeKreditIttifaqi and NofelKreditIttifaqi have been canceled.According to the report of the Central Bank of Azer...
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In January-September, the National Fund for Entrepreneurship Support (NFES) through banks and other credit institutions issued preferential loans to local businessmen in the amount of 237 271 900 mana...
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Collection of premiums of insurance companies operating in Azerbaijan in January-September 2014 amounted to 314,134,830 manat (+ 3.5% against October 1 last year).According to the State Insurance Supe...
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The Ministry of Agriculture has identified priorities for improving the market for agricultural products. New conditions must ensure free access for farmers to the market and respond to their interest...
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The Government of Azerbaijan has predicted the volume of production of basic types of metals in the country. So, at the end of the year production of gold ore and concentrates will be 1,793 kg (+ 10.7...
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Behind is the hot summer, so we can analyze the situation on the ice cream market with a cold mind, especially because the processes occurring there cannot be understood merely from the love of this d...
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BP company to complete legal closure of the agreement to join the trans-Anadolu gas pipeline (TANAP) at the end of this year and possibly early next year, a source from BP company told Turan’s corres...



