Economics - 2016
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January was the most critical month for vehicle providers. During the month they imported only 437 vehicles, 2.6 times less than in the previous month. According to the State Customs Committee,...
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Credit ratings of the three largest private banks of Azerbaijan, including their long-term prospects, have been revised by the international agency Standard & Poor`s, waiting downgrade. Thus, f...
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The service of the international credit rating agency Standard & Poor`s predicts almost twofold decrease in GDP per capita of the population of Azerbaijan. The devaluation of the manat on 21 Februa...
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On March 4 an extraordinary general meeting of shareholders of JSC AG Bank will be held. The agenda includes the issue of increasing the authorized capital up to 125 million AZN (fivefold increase...
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The loan portfolio of AFB Bank OJSC decreased by 9.4% and made up AZN 181.01 million in 2015. But, as stated in his report, 7.2% of its assets grew, reaching 312 million 574 thousand AZN by Januar...
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JSC Capital Bank has begun to sell US dollars at the official rate of the Central Bank, the bank's press service said. Maximum US dollar selling rate will not differ from the daily rates of the CB...
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The credit portfolio of Ata Bank reached AZN 530.4 million (+ 19.2%) in 2015. On its deposit accounts there was 443.5 million manats, of which the share of deposits of physical persons was 260.8 milli...
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JSC Capital Bank due to high profit margins and one-off gains from the revaluation of foreign currency assets at the end of last year's activities had a net profit of 64 million manat (approximately $...
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The Central Bank of Azerbaijan (CBA) will select a company to audit the annual financial statements in accordance with the International Standards IFRS. According to the information of the main re...
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Azerbaijan Airlines (AZAL) announces plans on establishing a new brand - AZALJET, representing low-cost destinations of the airline. Flights under AZALJET brand will be operated based on the exist...
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The period of issuing electronic visas has been shortened by half - from 10 to 5 days. This became possible with the signing of the application of the law "On amendments to the Migration Code of Az...
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The company Baltika-Baku became the official sponsor of the UEFA Euro 2016, which will be held in France. In honor of the key football event of the year the company will release a limited series o...






