Baku / 27.09.17 / Turan: In 2018-2020, the Asian Development Bank (ADB) will allocate $ 1.6 billion to Azerbaijan, the Bank said, according to the official ADB website.
According to the approved business plan for operations in Azerbaijan, ADB will allocate $ 700 million in 2018 and $ 450 million in 2019 and 2020 each.
The funds will be directed to water (infrastructure), transport (road and rail), energy, and public sector management projects. -71D-
Finance
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The Central Bank of Azerbaijan (CBA) has issued binding orders regarding 'Unibank' and 'Rabitabank'.This is reported on the CBA website.
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Chairman of the Board of Trustees of the Mandatory Life Insurance Bureau (MLIB) Ziya Aliyev has been relieved of his post.
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‘Baku Stock Exchange’ (BSE) has published operational indices for January 2025. Last month, 10,309.1 deals worth $3,189 million were concluded at the exchange. This is up by 4.55 times and up by 3.4 times from the same period of the last year respectively.
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An auction on placement of the interest-bearing, registered, unsecured, undocumented bonds of the joint stock company ‘Ferrum Kapital’, which provides factoring services in Azerbaijan, with the code AZ2018022288 ISIN , nominal value of AZN 1 million, circulation term of 2 years, was not held at the Baku Stock Exchange (BSE). This is reported by the BSE.
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