Finance - 2017
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Baku / 29.12.17 / Turan: In 2018, the Central Bank will continue conservative monetary policy. This was stated by the Central Bank on the main areas of monetary policy for 2018 and the medium-term per...
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Baku / 29.12.17 / Turan: The Central Bank of Azerbaijan will continue to expand non-cash payments, the Central Bank said in a statement on the main directions of the monetary policy for 2018 and the m...
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At the currency auction of the Central Bank of Azerbaijan on Thursday, the dollar rate remained unchanged at 1,7001 manats. Commercial banks buy American currency in the range of 1.6900-1.7000 manat,...
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Baku / 28.12.17 / Turan: The Central Bank of Azerbaijan plans to attract AZN 200 million at the deposit auction, which will take place on January 5, 2018.The funds will be attracted for a period of 10...
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Baku / 28.12.17 / Turan: By the decision of the Baku Court of Appeal, the bankruptcy procedure for Demir Bank was started. The bank"s license was canceled on December 23.The Deposit Insurance Fund was...
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Baku / 27.12.17 / Turan: A special "sell-out" was held at the auction held on December 26 on placement of government bonds: 25 investors took part in it, who filed a total of 57 applications for a tot...
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Baku / 27.12.17 / Turan: According to the initial estimates, the total amount of compensable deposits in Demir Bank is 63,500,000 manats, the Financial Markets Supervision Authority (FIMSA) said.The n...
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Baku / 26.12.17 / Turan: According to the charter of the Mortgage and Credit Guarantee Fund, approved by President Ilham Aliyev, the authorized capital of the Fund will be 466 million manats.The Fund...
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Baku / 26.12.17 / Turan: The Deposit Insurance Fund announced that the depositors of Demir Bank, whose license was canceled on December 23, will be informed of the time and place of receipt of applica...
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Baku / 26.12.17 / Turan: By order of President Ilham Aliyev, Fehri Khanhuseyn Oglu Kazimov has been appointed head of the Board of the Credit Insurance and Mortgage Fund.Let's note that Fehri Kazimov...
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Baku / 26.12.17 / Turan: Bank BTB announced the completion of the placement of 14,450 ordinary shares of NGOs with a nominal value of 1,000 manats each.Thus, the bank"s authorized capital was increase...
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Baku / 25.12.17 / Turan: The Financial Market Supervision Authority (FIMSA) suspended the activity of the money transfer system Money Polo in the territory of Azerbaijan.The FIMSA's message says the d...
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Baku / 25.12.17 / Turan: Compared with most financial organizations whose licenses were canceled, the bankruptcy of Demir Bank will not lead to significant losses for citizens and local businesses, si...
