Economics - 2017
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Azerbaijan International Bank Board decided to suspend the sponsorship of the football club "Inter", the bank said. The bank explained reason for such a decision by the desire to optimize and restru...
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The State Committee for Property Affairs has put on the privatization 98.4% (120,069 shares) of the shares of Oguz-Serab (TIN 6600041491), established on the basis of the Oguz winery in 2002. Acco...
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Assets of Pasha Bank in 2016 compared to 2015 increased by 46.9%, or 1 billion to 2 million 610 thousand manat, amounting to 3 billion 138 million 773 thousand manat. The bank's liabilities growth...
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Demir Bank warned owners of plastic cards of increasing interest for currency conversion. From now on, when you pay in foreign currency from AZN cards, 5% instead of 4% will be deducted for the co...
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Baku Silk Way Helicopter Services (SWHS) is ready to offer travel lovers a wide range of unique air travels. Potential of SWHS enables tourists and entrepreneurs' flight from the airport to anywhe...
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Held in Baku on January 27, Baku Stock Exchange auction of Azerbaijan Mortgage Fund (AMF) fully placed the first issue of mortgage bonds totaling AZN 10 million. The underwriter of the placement o...
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Azerbaijan Airlines (AZAL) will continue regular flights on the Baku-Ganja route from February 15, as well as on the Baku-Gabala route from February 17. Baku-Ganja flights will be operated on...
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In January-November 2016, Azerbaijan imported 77,572 household air conditioners. This is 5.3 times more than in the comparable period of the previous year, according to the State Statistics Committ...
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The Cabinet identified on January 25 criteria for determining the countries, the securities of which may be included in the provision of mortgage bonds, as an additional asset. According to the...
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At the 27 January currency auction of the Central Bank the dollar continued to grow, reaching AZN 1.9165. Compared to the previous auction, the rate rose by more than 1 kopeck. Thus, the increa...
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The workers of the enterprise SOCAR Ammonia and Urea Complex for the production of urea and ammonia in Sumgait held a protest in the morning on January 27 against the delay of salaries. This was a...
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Bank Nikoil concluded the year 2016 with a loss of 148 million 538 thousand manat. The bank’s debt to the Central Bank is 40 million 500 thousand manat. The bank’s assets in 2016 were reduced b...
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In 2016, the assets of Bank of Baku amounted to AZN 549 million 609 thousand, down compared with 2015 by 25.2%, or 185 million 239 thousand manat. The bank's liabilities during the reporting perio...
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Assets of Express Bank in 2016 decreased by 34 million 899 thousand manats or 10.84% compared to 2015 and amounted to 286 million 822 thousand manat. For the specified time bank liabilities decr...
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President Ilham Aliyev on January 26 signed a decree "On the appointment of trade representatives in the embassies and consulates of the Republic of Azerbaijan in foreign countries." The status...
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The 10th meeting of the EU-Azerbaijan Subcommittee on Energy, Transport and Environment was held in the Ministry of Transport. The EU delegation is headed by the head of the program department of t...








