Economics - 2016
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The International Monetary Fund (IMF) published the most recent review of the Regional Economic Outlook: Middle East and Central Asia, which marked the double-digit inflation in Azerbaijan this yea...
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On Wednesday the Central Bank left the dollar at the previous level - 1.6291 manats per US dollar. According to Turan, this is the first time in the last two weeks that the dollar rate has not incre...
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The Financial Markets Supervision House (FMSH) allowed two insurance companies to work for several types of compulsory insurance, FMSH said. Gunay Sigorta received permission to work on compulsory...
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Closed Para Bank will be transformed into a non-bank credit organization, said the Financial Markets Supervision House (FMSH). The report noted FMSH so agreed and the Board of Directors discussed...
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The first step to creating a hub of logistics in Azerbaijan has been made. The Executive Director of the German company DHL Eastern Europe Kerem Behcet Inanc also led the local representative. The...
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Health Enterprises subordinate to government agencies and state-owned enterprises will be transformed into a public entity. The Cabinet adopted on 24 October a decree providing for changes in its own...
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Azerbaijan is located at the 65th place among 190 countries in the ranking of Doing-Business - 2017: Equal Opportunities for All. The ranking was prepared by the World Bank and the International F...
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On the October 25th auction the Finance Ministry fully placed bonds worth 27 million manat, while the total volume of orders received from investors was 41 million manat. At Baku Stock Exchange, 1...
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The Labor Center of the Organization of Islamic Cooperation (OIC) will be located in Baku. It was stated jointly by the Ministries of Foreign Affairs and of Labor and Social Protection of Azerbaijan....
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The Baku Stock Exchange placed shares of JSC Nikoil Bank for a total amount of 90 million manat on October 25. This regarded 45 million shares at the price of 2 manat each. The shares were placed behi...
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The Azerbaijan Deposit Insurance Fund has given compensation to Bank Standard’s depositors, totaling 341 million 712 thousand manat, the Fund said. Generally the depositors of ten closed banks hav...
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Azerbaijani commercial banks continue to raise interest rates on deposits received in manat (AZN). Over the last month, such rates increased at 7 more banks. We are talking about classic and accumu...



