Economics - 2016
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Demir Bank has restored several previously suspended operations. This includes payment in the local currency by the hesab.az website, payment by the terminals of the Milli On system, as well as exchan...
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The Central Bank’s Board raised the discount rate from 9.5% to 15%, according to the CBA report. According to Turan, the upper limit of percentage corridor for liquidity operations was also increa...
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Last week Saba JSC held a meeting, where preparation for staff cuts in the company was announced, according to an informed source, who requested anonymity. According to Turan, it is planned to red...
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In January-July of 2016 in transit through Azerbaijan in the direction of East-West 4,197,900 tons of cargo was transported. Compared with the same period of 2015, transportation decreased by 1.6 mill...
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Today at 10:00 a.m. Baku and zonal offices of the Auction Center held trades on the packages of shares of privatized joint-stock companies, 100% stake in small businesses as well as non-residential pr...
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On Wednesday, the Central Bank of Azerbaijan significantly strengthened the official rate of the manat to the US dollar. According to the exchange rate on September 15, the manat strengthened by 0.09%...
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Currently, 21 out of the 33 Azerbaijani banks issue consumer loans. In comparison with August, there is no difference in the number of banks issuing loans to individuals. Sixteen out of the 21...
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The total tax debt of commercial banks to the state budget of Azerbaijan as of September 1, 2016 was AZN 2,376,223, the Ministry of Taxes said. The Ministry in response to the corresponding reques...
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The third meeting of the Consultative Council for the project Southern Gas Corridor (SGC) will be held in 2017, said the Minister of Energy Natig Aliyev. ‘The next meeting of the Advisory Council...


