Economics - 2017
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The assets of the insurance company Pasha Sigorta OJSC in 2016 increased by 19,470,176 manat or 17.2% compared to 2015, making 132,640,323 manat. The company's capital grew by 2,030,919 manat or 2...
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At the deposit auction on March 31, the Central Bank of Azerbaijan plans to raise AZN 200 million. The funds will be attracted for a period of 14 days, at a weighted average rate of 12.01% -14.99%...
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In 2016, assets of Pasha Hayat Sigorta OJSC increased by 20,946,747 manat or 14.6% compared to 2015, amounting to 164,622,727 manat. During the reporting period, the company's capital grew by 13.8...
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Now, those who prefer tablets can use the Unibank Mobile app, too – the new version has been launched already. The tablet version of the Unibank Mobile has several new functions to go with: the iOS...
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The Central Bank announced the official exchange rate for March 30. The national currency has significantly fallen in price against the US dollar. The dollar exchange rate on March 30 will be e...
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“The Financial Markets Supervisory Authority should compulsorily solve the problems of banks that cannot be voluntarily restructured. There are several solutions here.” According to Turan, the Chairma...
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The auction held on March 28 sold 94,985 out of 100,000 offered government mid-term bonds. The investors however had applied for bonds totaling AZN 26.5 million. According to the Baku Stock Exchan...
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New details of contracts of the state monopolist of water supply, Azersu OJSC, on tender purchase and installation of 50 thousand water measuring devices in Baku and Sumgait have been revealed. Ac...
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Two-month "stability" of the manat did not stop the rise in prices and vice versa, prices grow at a high pace, said the head of the Center for Public Initiatives Gubad Ibadoglu. On his Facebook pa...
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The State Oil Fund has concluded an agreement on compulsory insurance of an administrative building and the civil liability related to its operation, as well as voluntary insurance of movable prope...
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The questions of extending the terms of the Azeri-Chirag-Gunashli development project and the development of the Shah Deniz field and the shallow part of the Absheron field were discussed at today’...
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At the general meeting of shareholders of Bank Respublika, it was decided to appoint Shakir Rahimov as the new head of the Bank's Supervisory Board. Prior to that, Rahimov held the post of Deputy...
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At the general meeting of shareholders of Bank Respublika it was decided to increase the authorized capital by AZN 20 million, the bank said. The purpose of increasing the authorized capital is to...
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The current insurance contracts of International Insurance Company (IIC) are transferred to Gunay Sigorta, the message of the IIC liquidation commission says. Earlier it was already reported that...
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A manufacturer of steel and polymer pipes and fittings, as well as agricultural products, Met-Ak LLC joined the Baku Stock Exchange's Consultative Listing Program (CLP). This program is aimed at encou...
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Azerlotereya OJSC, the state monopolist in lottery sales, raised 33.4 million AZN from the sale of over 29 million lottery tickets in 2016. The cost of sales was estimated at 31.1 million AZN. This is...







