Economics - 2016
-
The JSC «Saba» confirmed the information disseminated on October 5 that the part of the company's employees have been sent on unpaid leave for 3 months. The company reported that 50 employees o...
-
The Central Bank left unchanged the rate of manat on October 7. According to Turan, on Friday remained the rate 1USD/1,6036AZN level. Since 6 October the Central Bank conducts currency auctions unde...
-
VTB Bank (Azerbaijan) improved financial performance and showed positive momentum in all major destinations. As of September 1 of the current year VTB Bank (Azerbaijan) assets reached 443.6 millio...
-
The Financial Markets Supervision House (FMSH) registered 10,000 shares of JSC Mugan Bank with par value of AZN 200 each, FMSH said. The shares will be distributed to the shareholders. Thus, the a...
-
The current economic difficulties in the country, time and economic constraints always stimulate innovation, said Executive Director of Azerbaijan Microfinance Association Jala Hajiyeva. Speaking...
-
In the first nine months of this year the Ministry of Taxes transferred to the state budget 4 billion 926.2 million AZN. It is 168 million AZN or 3.3% less than in the comparable period of 2015. A...
-
President Ilham Aliyev signed an order on the state support of the development of tobacco growing on October 5. The document provides for the allocation of subsidies to producers of raw tobacco from t...
-
The International Monetary Fund has corrected some of the forecasts for the economy of Azerbaijan. The IMF forecasts the decline of GDP in Azerbaijan in 2016 at 2.4%. In the April forecast the...
-
From 11 October will begin the process of issuing compensation to the depositors of Bank Standard, said the Deposit Insurance Fund. The Fund noted that investors in the course of the year can apply...
-
The slight strengthening of AZN in September (the rate as of August 31 was $ 1 to AZN 1.6321, as of September 30 - $ 1 to AZN 1.6211) reduced foreign exchange reserves of the Central Bank of Azerba...
-
About 60 employees of Saba JSC have been sent on unpaid leave, one of the employees, who requested anonymity, told Turan. According to him, the meeting took place on October 1, and it was annou...
-
Closure of Bank Standard re-actualized the issue of confidence in the statements of the head of the Central Bank Elman Rustamov. Recall that just 4 days before the decision to annul the license...
-
As of September 1 by the Azerbaijan Mortgage Fund (AMF) authorized banks on a national scale in the aggregate issued 17,997 mortgage loans totaling 730 million 802.42 thousand AZN. The same ind...
-
Since the beginning of the year, bank deposits of Azerbaijan decreased by 16.3%. According to the statistics of the Central Bank of Azerbaijan (CBA), as of January 1, they were at a level of 9...










