Azerbaijanis` incomes rise 8.9 per cent
Incomes of Azerbaijan`s population increased by 8.9 per in 11 months of this year in comparison with 2015, the State Statistical Committee has said. Official figures suggest that Azerbaijanis earned 40,028,500,000 manats ( approximately $22,449,266,000) from January to November this year ...
 French Finance Minister: Azerbaijan is an important partner for France    <span style="color:#ff0000">VIDEO</span>

French Finance Minister: Azerbaijan is an important partner for France VIDEO

14.12.2016 [15:58]
"Azerbaijan is an important partner for France," said French Finance Minister Michel Sapin as he met with his Azerbaijani counterpart Samir Sharifov on the sidelines of the 8th Azerbaijan-France Intergovernmental Economic Commission. They exchanged views on the development of coperation in a variety of fields of economy, as well as Azerbaijan's ...
China-led AIIB approves $301 mln in loans to Oman

China-led AIIB approves $301 mln in loans to Oman

10.12.2016 [12:52]
The Asian Infrastructure Investment Bank (AIIB) said on Friday it approved two loans totalling $301 million for two transport projects in Oman, Reuters reports. The projects are $265 million for port infrastructure and $36 million for railways, the AIIB said ...
ADB approves $500 million loan to support Azerbaijan’s economy

ADB approves $500 million loan to support Azerbaijan’s economy

07.12.2016 [15:02]
The Asian Development Bank (ADB) has approved a $500 million loan to help Azerbaijan diversify its economy. The loan will help maintain social spending, create jobs, and to mitigate the adverse impact of a crash in oil prices ...
Tax Minister: Azerbaijan attracted the largest amount of foreign investment among regional countries

Tax Minister: Azerbaijan attracted the largest amount of foreign investment among regional countries

06.12.2016 [18:38]
"Azerbaijan has managed to attract the largest amount of foreign investment in recent years and is the regional leader in this regard," said Minister of Taxes Fazil Mammadov as he met with a delegation led by Pakistan's Minister of Commerce Khurram Dastgir Khan in Baku. ...
Azerbaijan, Eurasian Development Bank discuss cooperation opportunities

Azerbaijan, Eurasian Development Bank discuss cooperation opportunities

05.12.2016 [21:09]
Azerbaijan`s Minister of Finance Samir Sharifov has met Chairman of the Management Board at Eurasian Development Bank Dmitry Pankin to discuss the bilateral cooperation opportunities. The Azerbaijani minister highlighted the macroeconomic situation in the country ...
PASHA Insurance invites all “exemplary drivers” to win up to 30% discount on Motor Casco insurance product

PASHA Insurance invites all “exemplary drivers” to win up to 30% discount on Motor Casco insurance product

24.11.2016 [16:11]
For promoting responsible driving habits, PASHA Insurance will launch a new campaign named “discounts for exemplary drivers” starting from 24th of November which will continue until 23rd of December ...
Fitch affirms International Bank of Azerbaijan at 'BB'/Negative; downgrades VR to 'f'

Fitch affirms International Bank of Azerbaijan at 'BB'/Negative; downgrades VR to 'f'

23.11.2016 [17:58]
Fitch Ratings has affirmed International Bank of Azerbaijan's (IBA) Long-Term Issuer Default Ratings (IDRs) at 'BB'. The Outlook is Negative. The agency has also downgraded IBA's Viability Rating (VR) to 'f' from 'b-'. ...
ADB allocated $2.8 bn to Azerbaijan so far

ADB allocated $2.8 bn to Azerbaijan so far

16.11.2016 [11:27]
Vice-President of the Asian Development Bank (ADB) Wencai Zhang said the bank has allocated a total of $2.8 billion to Azerbaijan in loans and grants since 1999. ...
World Bank expresses readiness to render technical assistance to Azerbaijan

World Bank expresses readiness to render technical assistance to Azerbaijan

13.11.2016 [13:26]
“World Bank is ready to provide the necessary technical assistance to Azerbaijan,” said the WB chief economist Naoko Kojo as he met with chief of the country`s Financial Markets Supervision Chamber Rufat Aslanli. Kojo said the WB is ready to support Azerbaijan`s reforms to strengthen macroeconomic stability ...
International Bank of Azerbaijan attracts over $200 million syndicated loan

International Bank of Azerbaijan attracts over $200 million syndicated loan

10.11.2016 [16:33]
The International Bank of Azerbaijan (IBA) successfully attracted over $200 million syndicated loan. Deal was arranged by Citibank, Credit Suisse A.G. London Branch (Credit Suisse), Emirates NBD Capital Limited (ENBD) and J.P. Morgan. Citi was appointed ...
"Bank Silk Way" launches new website

"Bank Silk Way" launches new website

08.11.2016 [15:18]
"Bank Silk Way" has launched a fully renewed new corporate website www.banksilkway.az. The new site, according to the bank's corporate standards, is remarkable for contemporary design, different structure and ease of use. During development of the site ...
Azerbaijan, World Bank discuss action plan for reforms in field of banking supervision

Azerbaijan, World Bank discuss action plan for reforms in field of banking supervision

07.11.2016 [19:34]
The Financial Markets Supervision Chamber of Azerbaijan and the World Bank (WB) have discussed an action plan for reforms in the field of banking supervision. During the meeting, chairman of the Board of Directors of Azerbaijan’s Financial Markets Supervision ...
Government of Azerbaijan, World Bank conclude implementation of Capital Markets Modernization Project

Government of Azerbaijan, World Bank conclude implementation of Capital Markets Modernization Project

04.11.2016 [15:11]
Azerbaijan’s Financial Markets Supervisory Authority (FIMSA) and World Bank have today hosted a conference to discuss the results of the Capital Markets Modernization Project (CMMP) supported by the World Bank and Switzerland’s State Secretariat for Economic Affairs (SECO). The conference was attended by the representatives ...
Delegation of Financial Markets Supervision Chamber visits UK

Delegation of Financial Markets Supervision Chamber visits UK

01.11.2016 [19:44]
An Azerbaijani delegation led by chairman of the Board of Directors of the Financial Markets Supervision Chamber Rufat Aslanli is visiting the United Kingdom. Aslanli met with senior officials of the UK’s Financial Conduct Authority, and informed them about the ...
PASHA Bank gets award ‘Best Bank of Azerbaijan 2016’

PASHA Bank gets award ‘Best Bank of Azerbaijan 2016’

26.10.2016 [12:14]
Within the annual meeting of the IMF and the World Bank a ceremony of awarding the winners of international prize World’s Best Banks, established by business publication Global Finance, has been held in Washington ...
International Bank of Azerbaijan optimizes business processes

International Bank of Azerbaijan optimizes business processes

24.10.2016 [15:51]
The International Bank of Azerbaijan (IBA) optimizes its business processes in frames of its new business strategy. The Bank also renewed its document management system. The IBA moves to Office 365 for this purpose. The project was held in partnership with Softline, leading ...
Fitch to rate Azerbaijan Mortgage Fund upon completed restructuring

Fitch to rate Azerbaijan Mortgage Fund upon completed restructuring

08.10.2016 [11:11]
Fitch Ratings says it will shortly assign ratings to OJSC Azerbaijan Mortgage Fund (OJSC AMF), which is a legal successor of Azerbaijan Mortgage Fund under the Central Bank of Azerbaijan Republic (AMF). “We will simultaneously withdraw AMF's ratings once ...
CBA to hold deposit auction

CBA to hold deposit auction

07.10.2016 [11:02]
The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on September 10, the CBA said. The auction will be held on the Bloomberg trading platform. Period of deposit auction makes 28 days ...