Economics - 2016
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The CBA announced the official exchange rates on February 3, lowering the minimum rate of dollar to manat. So, on February 3, the dollar exchange rate will be 1.5894 manat: on February 2 the US cu...
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Foreign exchange reserves of the Central Bank of the country at the end of January amounted to $ 4 billion 398 500 000. In one month, the bank reserves decreased by $618.2 million, according to a s...
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By the order of the Minister of Communications and High Technologies of Azerbaijan Ali Abdullayev was appointed chief of staff of the ministry. According to the information on the website of th...
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The Accounting Chamber of Azerbaijan will henceforth coordinate audits with representatives of the Ministry of Economy. As stated in the text on the eve signed a bilateral memorandum, the purpo...
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On the first day of his official visit to the United Arab Emirates on 1 February, the Azerbaijani President Ilham Aliyev met with the Crown Prince of Abu Dhabi, Deputy Supreme Commander of the Arm...
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By January 1, the deposit portfolio of JSC Bank Avrasiya was at the level of 29 million 195.7 thousand manats (+ 82.1% YoY). The bank's assets grew by 28.6% - up to AZN 123.3 million, with the loa...
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The assets of JSC Deka Bank by 1 January amounted to 394 million 89 thousand manats (an increase of 4.3 times per year). The main achievements are associated with a fivefold increase in the total loan...
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The Azerbaijan Mortgage Fund has reported on the results of the past year. As of January 1, the AMF issued a total 17,975 mortgage loans, 11.87% or 2,133 of which occurred in the last financial cycle....
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The local media reported the plans to merge several banks, including those, whose licenses were canceled last week. It is alleged that as a result of the merger of the six, two banks will be fo...
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The Minister of Taxes Fazil Mammadov appointed two advisers. Now he has 13 advisors, who oversee different areas in the Ministry of Taxes. The new advisers are the Head of the Tax Audit and Operat...
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The State Securities Committee approved the Rules for payment of notarized contracts on securities transactions and registration of documents in the depository system. Transactions on purchase and...
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“Double your Balance” campaign was just launched byBakcell, the First Mobile Operator and Leading Mobile Internet provider of Azerbaijan.. In the frames of this campaign, starting from February 2,...
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The Board of the Central Bank on February 1 eliminated the banking license of Tekhnika Bank JSC. The bank was preparing to celebrate its 22nd anniversary in February. CBA's decision is justified b...
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The development of the energy sector, openness to world trade and formal improvements in management efficiency facilitate the transition of Azerbaijan's economy to a market system. These indicators pr...







