Economics - 2015
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The production of gypsum and gypsum building materials in Azerbaijan is monopolized in the hands of oligarchs and susceptible to corruption. This is confirmed by the official statistics of Azerbaijan...
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In 2014 OJSC Capital Bank earned 65.9 million of net profit, which is two times more than in the previous year.According to the profit and loss account, in the past year the interest and similar incom...
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In the local insurance market the most profit comes from life insurance. This is confirmed by the fact that the specialized life insurance company Pasha Hayat Sigorta last year had 4 million 284.48 th...
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The insurance company Buta Sigorta concludes every year with a net loss. Last year, they were lower than in 2013 (894.25 thousand against 1 million 158.92 thousand, with a difference of 22.8%). Nevert...
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An official report on the development of local business in the past year has been published, prepared by the Ministry of Economy and Industry.Last year, the number of businesses in Azerbaijan reached...
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The local French-Azerbaijani insurance company AXA Mbask last year suffered a loss of 2 million 934.29 thousand manat (in 2013 its net profit amounted to 29.45 thousand manat). The reason is that the...
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More than by half (minus 55.2%) reduced last year's net profit of the insurance company Standard Insurance. At the end of 2013 it stood at 1 million 43.48 thousand manat, but last year this figure amo...
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The candidacy of 63-year-old Elman Rustamov has been again nominated for the post of Chairman of the Central Bank of Azerbaijan (CBA). It is the 5th consecutive five-year term.The corresponding repres...
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OJSC International Bank of Azerbaijan (IBA) has announced a tender for the audit of the consolidated balance sheet of the financial group belonging to it.According to the IBA, the reports are related...


