Economics - 2016
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A staff team from the International Monetary Fund (IMF) led by Mohammed El Qorchi visited Baku during January 28-February 3, 2016, on a fact-finding visit and to discuss areas of technical assistance...
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Several historical objects and buildings have been found during construction of the trans Anadolu (TANAP) gas pipeline (operated by SOCAR) near Gelbashi district, Diklitash region near Ankara and t...
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NGO to fight corruption, "Transparency Azerbaijan" held in Baku a "round table" with the participation of government and civil society organizations on the topic of real estate registration intract...
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Azerbaijan has created the first public entity - the Chamber of Control of the financial markets.According to the presidential decree, the new body is intended to license, regulate and supervise the s...
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The State Committee for Securities registered the issue prospectus of corporate bonds of the non-bank credit organization LLC Visa Credit. The company intends to attract 90,000 manat and 500,00...
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It will take 10 working days to complete the payment of compensation to depositors of the bankrupt JSC Bank of Azerbaijan. As the head of the Azerbaijan Deposit Insurance Fund (ADIF) Azad Javad...
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It has become known that 378 insured depositors of Gandja Bank will be paid 1.5 million AZN by Azerbaijan Deposit Insurance Fund (ADIF). As the head of the Fund Azad Javadov told reporters, the...
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A protocol of intent to merge three commercial banks has been signed. This regards NBC Bank, Para Bank and Credo Bank. According to the CBA, taking into account the intentions of NBC Bank and the...
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On February 3 the Central Bank of Azerbaijan started currency trading for 200 million US dollars. The auction was attended by three banks that applied for the purchase of 31 million dollars. The order...
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The long-term and short-term credit rating of Azerenergy has been downgraded. According to the international rating agency Standard & Poor`s, before they were at, respectively, BBB- and A-3 and now...
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Invetsments worth 4 billion are needed to bring electric distribution netwoks in working order in Azerbaijan, Azerbaijani Energy Minister Natig Aliyev told journalists. Speaking about the possb...










