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 ...

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 ...

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 ...

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 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 ...

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 ...

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 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 ...

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 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, 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 ...

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 ...

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 ...