Economics - 2015
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As expected, the rate of national currency against the US dollar exceeded the "psychological barrier" of 1.05 manat, established on February 21 (the day of the first wave of devaluation).The Central B...
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In order to cover the running costs the government for the first nine months of 2015 used $ 0.9 billion of stored foreign reserves of the State Oil Fund of Azerbaijan (SOFAZ).The economist Rovshan Aga...
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The President of SOCAR Rovnag Abdullayev who is on visit in Egypt had talks in Cairo with Prime Minister Ismail Sharif. According to the press service of SOCAR, the sides discussed issues of cooperat...
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BP as operator of the Azeri-Chirag-Gunashli field development project advises that as part of its ACG annual work programme it will implement a planned facility shut down programme (turnaround - TAR)...
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The assets of JSC Qafqaz Inkishaf Banki as of October 1 increased by 8.4% to 159 million 363.2 thousand manat. Thus its loan portfolio in the reporting period was at 151 million 336.5 thousand manat (...
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The State Committee on Property has put up for investment competition a 30.03% stake in JSC Agdash Pambig. The shares not sold since 1998 are offered to investors at 19% of the face value (645.4 thous...
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JSC Bank Technique has joined the list of financial and credit institutions that have joined the international money transfer system Golden Crown.It is the 21st in a row (43 banks in Azerbaijan) parti...
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At the expense of profit growth in the third quarter the total capital of Capital Bank reached 253 700 000 manat by October 1. At a rate of 12% capital adequacy ratio was 17.6%, according to the unaud...




