Baku / 06.10.17 / Turan: The fifth fair of investors on the theme Future of Microfinance in Azerbaijan: Challenges and Opportunities is held in Baku.
Representatives of the Parliament, the Ministry of Economy, the Central Bank, the Financial Markets Supervision Authority, the National Confederation of the Entrepreneurs of Azerbaijan, the International Finance Corporation, banks, and non-bank credit organizations participate in the event. The idea is attracting foreign investors to support the development of medium and small businesses in the regions. organizations, investment companies.
Speaking at the event, the head of the Association of Microfinance of Azerbaijan, Zhala Hajiyeva noted that the purpose of the fair is to create the opportunity for coordination and cooperation between investors and organizations, and search for new opportunities in the market. -71D-
Finance
-
The Chamber of Auditors reported its financial results for 2023. Last year, the Chamber of Auditors earned a profit of 0.16 million manats, a 54.3% decrease compared to 2022. During the reporting period, the organization received 1.33 million manats in revenue and incurred 1.17 million manats in expenses. At the beginning of the current year, the assets of the Chamber of Auditors increased by 13.2% compared to the start of the previous year, reaching 1.24 million manats. This includes liabilities of 0.02 million manats (an 8.7% decrease) and equity capital of 1.22 million manats (a 13.9% increase).
-
In January-July 2024, AZN 2,657,700 of loan insurance premiums were collected in Azerbaijan. This is stated in the insurance review published by the Central Bank of Azerbaijan.
-
"Qala Insurance" company won the open tender for full voluntary (KASKO) insurance of vehicles of the Agency for Export and Investment Promotion (AZPROMO) under the Ministry of Economy. This is reported on the unified internet portal of public procurement.
-
The Central Bank of Azerbaijan has issued a perpetual license to "Golden Pay" company for the right to carry out activities of a payment organization. This is reported on the website of the regulatory body.
Leave a review