All medical institutions operating in Azerbaijan to hold state control of x-ray machines
Baku, Fineko/abc.az. The State Committee on Standardization, Metrology and Patents of Azerbaijan has completed the construction of the State Laboratory of Radioscope Standards.
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Unemployment benefit in Azerbaijan lowers by 0.52% in April
Baku, Fineko/abc.az. In April the unemployment benefit reduced by 0.528% versus March 2013.
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Azerbaijani business has spent almost 60% of subsidized loans provided for 2013
Baku, Fineko/abc.az. The National Entrepreneurship Support Fund under the Ministry of Economic Development of Azerbaijan provided 58.12% of concessional loans designed for 2013.
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US dollar spot turnover of Baku Interbank Currency Exchange totaled $10.869 million for 19th workweek of 2013
Baku, Fineko/abc.az. The spot-turnover at the Bank Interbank Currency Exchange (BBVB) has grown by 4.3% during the 19th workweek against the 18th workweek of the year.
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Register of deposit insurance system member banks in Azerbaijan changed
Baku, Fineko/abc.az. The Azerbaijan Deposit Insurance Fund (ADIF) has made changes to the register of its member banks.
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Bank of Baku prepares 2 issues of interest-bearing bonds
Baku, Fineko/abc.az. Azerbaijan’s most successful bank in the area of consumer lending is going to enter into the capital market.
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Life insurance companies not to need additional permission for membership of Compulsory Insurers Bureau
Baku, Fineko/abc.az. The Ministry of Finance of Azerbaijan will not require additional permits from companies specializing in life insurance for membership in the Compulsory Insurers Bureau.
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Azerbaijan’s gas export for Jan-Apr 2013 reached 34% of 2012 index with a rise of 1.7-fold
Baku, Fineko/abc.az. Over Jan-Apr gas export (customs processing) in Azerbaijan totaled 33.55% of the 2012 indicator. For Jan-Apr 2013 its share in the overall export reached 4.33% against 2.71% in 2012 and 2.61% in 2011.
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A ban on sale of compulsory insurance policy in Azerbaijan introduced ‘at request of workers’ since 3 May
Baku, Fineko/abc.az. The State Insurance Supervision Service under the Ministry of Finance of Azerbaijan has banned for the insurers to sell policies on compulsory insurance in offices (branches and representative offices) of companies that are not members of the Compulsory Insurers Bureau.
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State investments provide 78.6% of all investments in Azerbaijani economy
Baku, Fineko/abc.az. Investments in Azerbaijani economy in April grew by 10.5% compared to March 2013.
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Azerbaijan to discuss in Germany issue of financing high-speed railway
Baku, Fineko/abc.az. Azerbaijani Transport Minister Ziya Mammadov will attend the annual summit of the International Transport Forum (ITF).
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Fitch affirms Bank Technique at CC
Baku, Fineko/abc.az. Fitch Ratings has affirmed Azerbaijan-based Bank Techniques (BT, formerly Technikabank) Long-term Issuer Default Rating (IDR) at CC.
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Azerbaijan exported 11.35 million tons of oil in 2013
Baku, Fineko/abc.az. The share of crude oil in Azerbaijan’s overall export made up 83.55% for Jan-Apr 2013 against 84.6% in 2012, 86.6% in 2011, 86.53% in 2010 and 81.57% in 2009.
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Tourism Ministry: companies’ participation in process of issuing e-visas is weak
Baku, Fineko/abc.az. The Ministry of Culture & Tourism of Azerbaijan declares of inefficiency of tourism companies’ activities in the process of issuing electronic visas.
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Monetary inflation in Azerbaijan started in April and wholesale prices slow down decline
Baku, Fineko/abc.az. The State Statistics Committee of Azerbaijan has published the next monthly data on basic consumer price index (CPI) in Azerbaijan: for April 2013 monetary inflation (core inflation) was not observed and deflation took place.
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