To Devaluate or Not to Devalue Manat

The Mortgage and Credit Guarantee Fund is holding an open tender for compulsory 3-year insurance of employees against loss of professional capacity as a result of accidents at work and occupational diseases.This is reported on a single Internet portal of public procurement.

'Xalqbank' increased its authorized capital by 13.9 %, or AZN 50.82 million, from AZN 364.77 million to AZN 415.6 million.

International rating agency ‘Standard & Poor's’ (‘S&P’) has once again confirmed long-term and short-term credit ratings of Azerbaijan in foreign and local currency at the level of‘ BB+ / B’’. This is stated in a statement of the agency.

Bank Respublika secures a €21 million loan from EFSE Bank Respublika, one of Azerbaijan's leading banks supporting the real sector, and the European Fund for Southeast Europe (EFSE) have signed a major loan agreement.