Economics - 2016
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Automax device has been produced at Barama Entrepreneurship and Innovation Center of Azercell The presentation of Automax developed by Sumaks company, which operates at Barama Entrepreneurship...
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The Central Bank of Azerbaijan (CBA) announced the revocation of licenses of two commercial banks - the OJSC Atrabank and the Caucasus Development Bank. A decision to revoke the license was taken d...
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The State Securities Committee (SSC) registered the prospectuses of government securities totaling 400 million manats on January 27. According to the SSC, the Ministry of Finance plans to place sh...
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In spite of the great shocks in the financial and banking sector in 2015, the assets of JSC Capital Bank exceeded 2 billion manats, increasing by 46.8%. According to the financial report, the tota...
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The total loan portfolio of Azerbaijan Senaye Banki (ASB) amounted to 168 million 777.55 thousand manats last year (+0.9% to the end of 2014). The share of investment in industry amounted to 42.2%...
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On 27 January the Central Bank of Azerbaijan presented at the trades $ 200 million. The auction was attended by 18 banks that have applied for the purchase of $67.161 million. The orders were sati...
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According to the statements of Capital Bank, for the last year, the Central Bank of Azerbaijan (CBA) during the financial cycle gave it loans totaling 103 million manats. Statistical information about...
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The assets of Muganbank OJSC rose to 564.33 million manats (+ 32.9%) by the end of 2015. Slightly more (+ 37.4%) have become its liabilities, 511 million 634 thousand manats, and the loan portfoli...
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The insurance company Azsigorta has received a new chairman of the Board of Directors appointed by the general meeting of shareholders. According to the information on the company’s website, it is...
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Today a conference was held in Baku, which launched the twinning project "Support to the State Statistical Committee in the harmonization of the national statistical system of Azerbaijan with the Euro...
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The State Statistics Committee published data on investments in Azerbaijan's economy. Last year, the investment in development was equal to 15 billion 957 million manats (minus 11.1% to the index t...
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In 2015, the tax revenues of the state budget from regions of the country amounted to 622.1 million manats. This was said by the Minister of Taxes Fazil Mammadov at the 26 January meeting of the panel...
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The process of returning deposits by Gandja Bank started. This was reported to the media by the Chairman of the Central Bank of Azerbaijan, Elman Rustamov. According to him, representatives of...
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The closed joint stock company Azerbaijan Railways has refused to cooperate with the international rating agency Fitch Ratings. According to Fitch, in this regard, the long-term default rating...
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On January 26 the State Securities Committee registered two issues of government bonds. Totally the Treasury expects to raise $ 500 million from investors. According to the SSC, the nominal val...







