Finance - 2023
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The State Oil Fund (SOFAZ) experienced a loss of $2.46 billion (-5.2%) in investment revenues last year due to the depreciation of bonds and shares in its portfolio, according to SOFAZ's financial rep...
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Baku/25.06.23/Turan: The non-bank credit organization (NBCO) "Azeri Star Micromaliya" has published its financial indices for 2022. The credit organization suffered losses of 0.05 million manats last....
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Baku/25.06.23/Turan: The placement of ordinary, registered, undocumented shares of "A+Co" JSC with the ISIN code az1001024251 in the amount of 190,000 manats by subscription has been completed at the....
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Baku/25.06.23/Turan: As of the end of May 2023, Azerbaijani banks had assets in the amount of 45,921.8 million manats.According to the banking review published by the Central Bank of Azerbaijan, this....
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Baku/24.06.23/Turan: The Central Bank of Azerbaijan revoked the license of “Günay Sığorta” company on the basis of a voluntary appeal.This is reported on the website of the regulatory body.The report....
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Approximately 96-97 percent of all payments of AccessBank’s business clients go via digital banking channels, Member of the Board, Executive Director on Corporate, SME and Retail Banking of AccessBank...
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Baku/24.06.23/Turan: Non-bank credit organization “Aset Maliyyə Texnologiyaları" has published its financial indices (first financial report) according to the results of 2022.The credit organization s...
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Baku/24.06.23/Turan: The Azerbaijan Deposit Insurance Fund (ADIF) puts up for open auction the property of "Demirbank", of which it is the liquidator.This is reported by the ADIFThe auction will take....
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Baku/24.06.23/Turan: The Central Bank of Azerbaijan has published a banking review on the results of January-May 2023.The document says that over 5 months the local banks earned 437.1 million manats o...
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Baku/24.06.23/Turan: The Central Bank of Azerbaijan has published a statistical bulletin on the results of January-May 2023.The document says that as of the end of May, there were overdue loans in the...
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Baku/24.06.23/Turan: Stable exchange rate regime in Azerbaijan has proved itself particularly good in terms of preventing inflation.Chairman of the Central Bank of Azerbaijan Taleh Kazimov made such a...
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Baku/23.06.23/Turan: Interest rates on loans in Azerbaijan are low as compared with the countries of the region.This was stated today at a plenary session of Milli Majlis by chairman of the Central Ba...
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Baku/23.06.23/Turan: There is no need to increase the limit of AZN 100,000 on deposit insurance in Azerbaijan.Today, chairman of the Central Bank of Azerbaijan Taleh Kazimov stated at the plenary sess...
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Baku/22.06.23/Turan: On June 22, President Ilham Aliyev amended a decree "On the Budget of the State Oil Fund for 2023" dated December 30, 2022.According to the new decree signed by the head of state,...
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Baku/23.06.23/Turan: Non-bank credit organization "Effektinvest” has published its financial indices for 2022.Last year, the credit organization made a profit of only 3.000 manats.This is the same as....














