Economics - 2015
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A number of dealers in Baku have stopped selling due to fever in the financial markets caused by a sharp fall in the rate of manat. The websites of KIA, Nissan, Toyota and many others, do not show pr...
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Azerbaijan Deposit Insurance Fund (ADIF) in the background of the manat crisis sharply raised the maximum interest rate on deposits, attracted by private banks. From today, it is not 9% as before, but...
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The State Insurance Supervision Service under the Ministry of Finance of Azerbaijan and Azerbaijan Insurers Association (AIA) presented a mobile application Sigorta Azerbaycan.As the head of AIA Orkha...
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In January, during the crisis reduced the level of collection of premiums under life insurance. Thus, in comparison with the first month of last year the volume of services decreased by 38.15% - up to...
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Ten currency exchange offices have closed. According to the report of the Central Bank of Azerbaijan, these objects belonging to 6 banks were revealed violations of currency legislation."The CBA monit...
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During the next two months will finish the reconstruction of production processes the in Dashkesan mining plant aimed at improving the quality indicators of processed ore concentrate, as well as in...
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A decree on improving the system of targeted social assistance has been issued. Yesterday the country's president signed a document which stated that the centralized information system of the Ministry...
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In January of this year Azerbaijan was supplied butter in the amount of $ 2 million 659.8 thousand, which is three times higher than for the same period in 2014.According to the State Customs Committe...
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Neftegasstroi construction trust of SOCAR plans to complete construction of the offshore platform No 6 on the Bulla Deniz field in May 2015, reads information posted on SOCAR’s official web site.The w...
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In January 2014 636.8 million cub.m. of gas was transported via the South Caucasian gas pipeline (Baku-Tbilisi-Erzurum - BTE) against 700,000 cub.m. of gas in January 2014, reads the report of the Aze...
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In 2014, Azerbaijan declared the import of 13 thousand ton of fish, crustaceans and mollusks totaling $ 8 484.6 thousand. In comparison with 2013 the import in weight terms increased by 0.5% according...
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Bank of Baku has announced the launch of a new deposit product Khalis Amanat.According to the private financial structures, all who wish guarantee to preserve and enhance their financial means, can ta...
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The devaluation of the Turkmen manat and other Central Asian currencies shattered export opportunities of domestic sugar producers nearly twofold in January of this year.According to the State Statist...
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On February 23, the international rating agency Moody`s warned that the assets of Azerbaijani banks are at risk.As reported by Bloomberg, this assessment came after Azerbaijan, a major oil producer, o...
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As long as the government says nothing about the 21 February devaluation of the national currency, experts discuss this subject, which does not inspire much optimism for the business environment, as w...






