AccessBank named ‘Best Bank in Azerbaijan’ by Euromoney

12.07.2013 [18:25]
AccessBank has won "Best Bank in Azerbaijan" award at the annual Euromoney "Awards for Excellence" in London. The bank received the award for the fourth consecutive year. The Euromoney awards are among the most prestigious in the financial world and are given ...

Moody`s Investors Service delegation visits Azerbaijan`s International Insurance Company

21.06.2013 [11:31]
A delegation of the Moody`s Investors Service International Rating Agency has visited the International Insurance Company (ICC), one of the leading insurance companies of Azerbaijan ...

Bank Technique awarded prestigious international award

20.06.2013 [21:31]
Global Banking & Finance Review recognized Bank Technique the “Fastest Growing Bank Azerbaijan” in 2013. According to the Bank, Bank Technique is today one of the innovative banks in the financial services market, the purpose of which is to turn into the most technologically ...

4th Azerbaijan International Insurance Forum starts in Baku

20.06.2013 [10:58]
The 4th Azerbaijan International Insurance Forum (AIIF) has kicked off in Baku. Organized by Azerbaijan Insurers Association (AIA) and supported by the Ministry of Finance, AIIF involves 250 representatives from the South Caucasus, Turkey, Central Asia and ...

Azerbaijan, Korea sign agreement on economic cooperation

19.06.2013 [10:45]
Azerbaijani and Korean governments have inked an agreement on economic cooperation, according to the Azerbaijan Ministry of Finance. The agreement was signed by Azerbaijan Minister of Finance Samir Sharifov and Korean ambassador to the country Choi Suk-inn ...

VTB Group considers Azerbaijan priority region

17.05.2013 [21:51]
Azerbaijan is one of the priority regions for the VTB Group, director of the department of subsidiaries of Bank VTB OJSC Mikhail Yakunin said on Friday at the opening ceremony of the new head office of VTB Bank (Azerbaijan) in Baku. Yakunin said opening the new office marks a new stage in the development of VTB Bank ...

Azerbaijan State Committee on Securities, International Monetary Fund discuss expansion of future relations

06.03.2013 [22:11]
Azerbaijan State Committee for Securities and the International Monetary Fund (IMF) have discussed ways of expanding future relations as the committee`s chairman Rufat Aslanli met an IMF mission ...

Azerbaijan, Asian Development Bank sign MoU

19.02.2013 [11:15]
Azerbaijan and Asian Development Bank have signed a memorandum of understanding that will see Baku host the 48th annual meeting of the bank`s Board of Governors. The memorandum was signed as part of the visit of Azerbaijan`s Finance Minister Samir Sharifov to Manila, Philippines ...

PASHA Bank Georgia opens

09.02.2013 [18:28]
A ceremony has taken place in Tbilisi to officially open PASHA Bank Georgia, a first subsidiary of Azerbaijan`s PASHA Bank. Speaking to the ceremony, Farid Akhundov, PASHA Bank`s Chairman of Board, said ...

Delegation of Azerbaijan State Committee for Securities takes part at global summit in Luxembourg

21.01.2013 [19:08]
The head of the Administration of Azerbaijan State Committee for Securities took part at the “Global financing of securities” world summit in Luxembourg. The event supported by the ‘Clearstream” organization was attended by over 900 specialists representing numerous world countries ...

AccessBank borrows USD 15m from International Finance Corporation

24.12.2012 [17:38]
AccessBank has concluded a new loan agreement worth USD 15 million with the International Finance Corporation (IFC) for strengthening financing of micro and small businesses, creation of new jobs and support economic development in ...

Baku hosts National Forum of Insurance Agencies

07.12.2012 [18:55]
The 1st National Forum of Insurance Agencies has got underway in Baku. The forum is co-organized by Azerbaijan Insurers Association, and is supported by the State Insurance Supervision Service under the Ministry of Finance. ...

Amrahbank and Saudi Fund for Development sign contract for commercial financing

06.12.2012 [10:24]
Amrahbank OJSC and Saudi Fund for Development have signed a contract on allocation of the credit line for commercial financing. The fund signed the first credit agreement on the allocation of four million dollars for the ...

IFC, USAID, Central Bank of Azerbaijan expand cooperation in access to finance for businesses

05.12.2012 [16:15]
IFC, a member of the World Bank Group, is partnering with the United States Agency for International Development (USAID) and the Central Bank of the Republic of Azerbaijan in creating opportunities to access loans and other forms of financing for businesses ...

IBA becomes TheCityUK first member in Caspian region

27.11.2012 [17:16]
The International Bank of Azerbaijan (IBA) has joined TheCityUK and became the first member of the organization in the Caspian region, it was declared during the international Caspian Corridor Conference, held on November 26 in London ...

German Bank to invest in TANAP project

20.11.2012 [13:44]
Germany’s “Commerzbak” is likely to invest in the project on transportation of Azerbaijani gas to Europe. The statement came from Johann Engbrecht, head of the Bank’s Azerbaijan representation. Johann Engbrecht said if it will be necessary the Bank stands ready to finance the ...

Trades at BICEX

17.11.2012 [19:12]
The weighted average exchange prices made up 0.7839 AZN for 1 US dollar in the Baku Interbank Currency Exchange (BICEX) on November 16. The average-weighted dollar exchange rate was 0.7841 AZN at the morning session on US ...