‘Baku Stock Exchange' (BSE) has started its work since 19 November to take part in the annual meeting of the World Federation of Exchanges (WFE), which will end on 22 November.
According to the BSE, this time the meeting was held jointly with the Malaysian stock exchange organisation. The meeting is to discuss issues such as trends in stock exchanges, changes in the infrastructure of modern exchanges, co-operation between international exchanges, innovation, building bridges between capital markets, exposure of capital markets to changes in the world and maintaining stability.
BSE Chairman Ruslan Khalilov met with Malaysian Exchange Chairman Datuk Muhammad Umar Swift and discussed co-operation initiatives between the two exchanges.
As a reminder, the BSE has been a member of the WFE since January 2020. Applying international expertise to Azerbaijan's capital markets, strengthening the ecosystem, transparency and trust in the market are among the main issues the BSE is focusing on.
Finance
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As of the end of November 2024, the Central Bank of Azerbaijan (CBA) had foreign exchange reserves of $10 billion 967.8 million.This is reported on the institution's website.
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AZN 11.5 million is planned to be allocated from the state budget-2025 for the maintenance of the Accounting Chamber. This was announced by the chairman of the Accounting Chamber Vugar Gulmamedov. According to him, this is up by 0.3 % from 2024.
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‘Qala Insurance’ company won an open tender for voluntary medical insurance of 'Baktelecom' employees.
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The Central Bank of Azerbaijan has released results of a survey on lending activity in the third quarter of 2024.
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