Finance - 2021
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5 million manats were paid on obligations of OJSC "Standard Insurance" from which the Central Bank of Azerbaijan revoked the license on 19 May of the last year.This was reported by chairman of the liq...
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Today the Central Bank of Azerbaijan (CBA) held the last currency auction in November with the participation of the State Oil Fund (SOFAZ), according to the CBA.According to the information, the deman...
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The Listing Committee of the Baku Stock Exchange has listed Ekspress-C OJSC bonds on the market segment of Standart. This is the debut at the debt market of the company producing industrial gases and...
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"At present, a damage caused to vehicles in Azerbaijan is compensated by the insurer of the other party. However, in future it is envisaged that the injured party will apply to his insurance company f...
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In Azerbaijan, it is planned to create a mobile application for sale of various insurance products.According to Vusal Gurbanov, director of the Central Bank of Azerbaijan's Department for Control over...
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Baku Insurance OJSC intends to hold an extraordinary general meeting of shareholders on 11 January at 11:00 am. This was announced by the company in the official press.The meeting will be held at the...
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On December 1, the Baku Stock Exchange will host an auction on placement of short-term notes of the Central Bank.The Central Bank plans to place 1 million short-term notes at par value of AZN 100 each...
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Azerbaijan has created a favorable investment climate as a result of large-scale reforms.President of Azerbaijan Ilham Aliyev made a statement about this at the 15th summit of the Economic Cooperation...
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November is notable as the most successful month in the annals of the Baku Stock Exchange and as the most productive in its 21 history of the number of offerings of corporate securities. Auctions on p...
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International rating agency Fitch Ratings has approved the long-term issuer default ratings (IDR) in foreign and local currency of the Azerbaijan Mortgage and Credit Guarantee Fund (AIKGF) at "BB+" le...
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Since the beginning of November 2021 the number of bank employees totaled 19,835 people.In the reviewed period the number of bank branches grew by 17 units to 473, the number of bank departments reduc...
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Debts of commercial banks to the Central Bank as of the beginning of November 2021 amounted to 370 million 200 thousand manats.As compared to the same period of the last year, this index dropped by 5...
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$105.5 million was sold at the Central Bank's currency auction on Thursday.As compared to the previous auction, the demand for the currency rose by $ 9 million or 9.3%.It should be added that this is...












