Economics - 2015
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Central Bank of Republic of Azerbaijan has published the report for January-September. According to the central controller, the total loan portfolio of the financiers of 1 October was 19 billion 113.5...
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The non-bank credit institution FINCA Azerbaijan has simplified the issuance of loans for customers with positive credit backgrounds. To re-loan does not require collateral or guarantees.In the messag...
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The Azerbaijani presidential decree dated October 31 changed the "List of documents certifying the acquisition of property rights acquired and arisen before the entry into force of the Law of Azerbaij...
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According to the Bureau of Compulsory Insurance, 5,268 contracts in the framework of compulsory insurance of property were signed in October (minus 38% to October last year). These policies generated...
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Despite the decline of the discount rate of the Central Bank of AR to 3% on July 13, at the end of September, the average interest rate of local banks in manats was 14.01% (as of 1 January at a rate o...
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The assets of Rabitabank by October 1 amounted to 349 million. 899 thousand manats (+ 14.7% YTD) while almost by half (+ 41.6%) grew up liabilities, including long-term ones, - up to 288 million 213 t...
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Turan Bank decided on the audit of the financial statements for this year, focusing on the international company Deloitte & Touche, which will draw up the documentation to international standards.The...
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On November 1, members of Compulsory Insurance Bureau concluded 826,744 agreements (+6% to January-October of last year) in the framework of compulsory insurance of civil liability of vehicle owners (...
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SOCAR plans to sign a contract with the Canadian Zenith Energy company to develop a bloc of onshore fields Murakhanly-Jafarli-Zardab, SOCAR President Rovnag Abdullayev told journalists.“The contract i...
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At yesterday’s elections Rovnag Abdullayev, President of State Oil Company of Azerbaijan (SOCAR), was elected member of parliament from the Nizami district No 24, Baku, for the third time.Mukhtar Baba...



