Economics - 2016
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On Monday, the Central Bank announced the official rate of the manat to the US dollar on September 6th. It remained at the same level - 1USD / 1,6362AZN. The commercial banks of the US currency is...
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Azerbaijani President Ilham Aliyev during his visit to Salyan (a town 136 km from Baku) said the country's oil revenues declined, and it needs export goods for currency inflows. ‘The oil revenu...
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The Deputy Chairman Ramin Kerimov has left the Board of JSC Azerbaijan Senaye Banki (ASB). According to the report on the ASB website, the Board is headed by the Acting Chairman Dogan Tandogan and the...
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From October 3 equipment for digital television by the standards DVB-T and DVB-T2 (Digital Video Broadcasting -Terrestrial) will become more available to the user. As stated in the decision of the...
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JSC Azer-Turk Bank has opened a branch in Masalli in the south of Azerbaijan. The branch named Masalli is located in the complex ASAN Hayat. According to the bank, its opening was attended by Azerbaij...
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By the end of the first six months of 2016 the Mega Sigorta insurance company's revenues amounted to AZN 14,168,438, while the expenditure was AZN 11,126,417. According to the report for the secon...
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On this day in Azerbaijan cigarettes have become 25-30% more expensive. The monitoring of shops in Baku shows that this is the second wave of price hike last week. Since August 29, the prices of t...
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JSC Azerenergy (state monopoly on the production of electricity in Azerbaijan) made 14.8 billion kW / h of electricity in January-August 2016. As the press-service of the company said, in Janua...
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The Azerbaijani state oil company SOCAR is supplying liquefied natural gas to new buyers, Bloomberg reported. “SOCAR will possibly start “pure trading” in the next five years,” Arzu Azimov, chi...
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The Council of the Board of Bank VTB Azerbaijan has decided to fully suspend the currency transactions with AZN cards in Azerbaijan, the bank said. Outside Azerbaijan a limit has been set for the...
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. In August, the loss Demir Bank amounted to 260,000 manats, the bank said in its monthly report. The bank completed the previous month with a net profit of 21,000 manats. Since the beginning...



