Economics - 2016
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In 2016, we expect a 3% recession in Azerbaijan, World Bank Chief Economist for Europe and Central Asia (ECA) Hans Timmer said at a videoconference in Bucharest. The World Bank expects economic gr...
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On December 22 an extraordinary meeting of shareholders of the insurance company Basak-Inam Sigorta Sirketi will be held. As the company said, the agenda includes the following questions: the new...
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Assets of Demir Bank in the third quarter of 2016 compared to the same period last year increased by 83 million 162 thousand manat (18.6%), amounting to 530 million 152 thousand manat. The bank's...
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JSC Access Bank will receive an additional credit line from the European Investment Bank (EIB). According to the report of the European investor, it is the second tranche in the amount of 20 milli...
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On November 15 the Cabinet of Ministers approved the General Plans for the city of Mingachevir and the town (district center) of Gusar. Turan was told in the State Committee of Urban Planning and Arch...
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The Financial Markets Supervision House (FMSH) registered the issue prospectus of Azerbaijan Mortgage Fund. FMSH has registered 50,000 mortgage bonds at a nominal value of 1,000 manat each. 71D...
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During 10 months of 2016 25 insurance companies collected AZN 420 million of insurance premiums, according to the Financial Markets Supervision House (FMSH). It is AZN 41 million or 11% more than in t...
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As of November 21 in Azerbaijan 72.4 thousand tons of cotton was picked, 39.3 thousand tons more than in the comparable period of 2015. Last week the cotton growers sold 8.3 thousand tons of cotto...
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In the foreign exchange auction of the Central Bank on Tuesday, the US dollar rose again. As stated in the report of the Central Bank, the auction began with a rate 1 USD / 1.7091 AZN and completed...
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The Ministry of Finance submitted a draft law ‘On State Budget for 2017’, which is much different from the version of the document, which was submitted to the public six weeks ago. The updated...
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The Ministry of Taxes has submitted a new list of companies that are subject to a limitation of the leaders to travel outside the country. Over the past two months, the number has doubled and reach...
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Today in Baku Expo Center will open the 2nd International Exhibition ‘Real Estate and Investments’ RecExpo. The exhibition will be attended by about 80 companies from 10 countries, the press se...
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On July 1, 2016 international financial and banking institutions and other credit organizations signed loan agreements totaling $ 10.6 billion with Azerbaijan. This was written by a well-known...






