Finance - 2024
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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 per...
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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.
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"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 reporte...
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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...
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In the first half of 2024, at the expense of funds received from placement of government bonds in the domestic financial market of Azerbaijan, overdue payments of principal debt on public bonds issued...
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By the decision of the Listing Committee of the Baku Stock Exchange (BSE), interest-bearing, unsecured, undocumented, nominal shares are included in the standard market segment of the NBCO ”Internatio...
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A new chairman of the supervisory board of the Azerbaijan subsidiary of Turkish "Ziraatbank" ("Ziraatbank Azerbaycan") has been appointed. The Bank reports that it is Huseyin Ozuisal.
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As of the end of June 2024, the amount of Azerbaijan's state guaranteed debt (internal and external debt) amounted to 11,407.1 million manats, or 9.4% of gross domestic product (GDP) this year. This w...
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The Central Bank of Azerbaijan (CBA) is holding an open tender for medical insurance of its employees and their family members. This is reported on the unified internet portal of state procurement.
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As of the end of July 2024, Azerbaijani banks had a deposit portfolio of 34,381.3 million manats. This is stated in the insurance review published by the Central Bank of Azerbaijan.
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As of the end of June 2024, 25.9% of Azerbaijan's external state debt, or 1.3873 billion US dollars, is comprised of government bonds (Eurobonds) placed on the international financial market.
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"Legion Financial" Joint Stock Company (which provides leasing services) has announced a bond issuance worth 1 million manats following a share issuance of the same amount.
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In the January-July period of 2024, 4.2 million manats in insurance premiums were collected for cargo insurance in Azerbaijan.














