Finance - 2022
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"The war between Russia and Ukraine has not bypassed Azerbaijan. Because we maintain trade relations with both countries."Anar Kerimov, general director of Pashabank's compliance and management block,...
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"Pashabank" expects that its subsidiary in Georgia will end this year with a profit.Bahruz Nagiyev, a member of the board and the chief financial administrator of the credit organization, stated at a...
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Non-bank credit organization "Prior Kredit" has announced its financial performance for 2021.Last year the credit organization lost AZN 0.5 million. This is up by 40 times from the previous year.At th...
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Today the Central Bank of Azerbaijan (CBA) held another currency auction with participation of the State Oil Fund. This is reported by the CBA.The demand at the auction was $11.6 million which is down...
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Pasha Holding and Pasha Hayat Sigorta collected AZN 179.7 million and AZN 109.3 million respectively in January-May 2022.This is stated in a review of insurance published by the Central Bank of Azerba...
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"Azerbaijan Investment Company" of the Ministry of Economy is holding a request for quotations on voluntary health insurance. This is reported on a unified Internet portal of public procurement.The re...
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Azerbaijani banks' credit portfolio rose up to 40.8% of their assets - 1,691.6 million manats by late May 2022.According to the banking review published by the Central Bank of Azerbaijan, it was up by...
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By late May Azerbaijan's banks' investments in securities rose up to 13.6% of their assets - 5 626.7 million manat.According to the banking survey published by the Central Bank of Azerbaijan, it was u...
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By the end of May 2022 Azerbaijani banks' funds in the Central Bank made up to 11% of their assets - 4,544.9 million manats.According to the banking review published by the regulator, it is up by 18.7...
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By the end of May 2022 cash funds of Azerbaijani banks grew up to 4.1% of their assets-AZN 1,691.6 million.According to the banking survey published by the Central Bank of Azerbaijan, it was down by 2...
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On June 28, an auction will be held at the Baku Stock Exchange (BSE) to place bonds of the non-bank credit organization Finca Azerbaijan with the code AZ2004019207 in the amount of AZN 3 million with...
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On June 28, an auction will be held at the Baku Stock Exchange (BSE) to place Bank BTB bonds with the code AZ2004009448 in the amount of AZN 3 million with a circulation period of 6 years, the BSE rep...
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The Azerbaijani government raises revenue forecast by 52 million manats or by 36.7%.This is provided for in the draft Law "On Amendments to the State Budget for 2022".The document says that the revenu...
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The Azerbaijani government raises the forecast on revenues for paid services of budgetary organizations this year by AZN 74 million or 9.7%.This is provided for in the draft Law "On Amendments to the...













