News

Quantity of Azerbaijani banks’ plastic cards reaches 4.154 million
Baku, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) reports of growth in the number of payment cards issued by the country’s banks and the quantity of transactions via cards in July 2010.
read more   30.08.2010 10:32
Largest airline of world with control over 6% of world market of air service to appear till end of year
Baku, Fineko/abc.az. American airlines United Airlines and Continental Airlines received the state sanctions for merging from the U.S. Ministry of Justice and the European Commission (EC).
read more   30.08.2010 10:23
Azerbaijani banks’ net profit drops 2.24-fold
Baku, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has reported that over 7 months of 2010 domestic banks’ overall net profit decreased 2.24-fold against the 2009 same term index and made up 28.9% of the level for 2009
read more   30.08.2010 09:51
Georgia opens kibbutzes
Baku, Fineko/abc.az. The first kibbutzes in the former USSR can appear in the Georgian territory.
read more   30.08.2010 09:22
Azerbaijan does not invite Turkish base to its territory
Baku, Fineko/abc.az. Despite removal of the constitutional restrictions, at present Azerbaijan does not plan to open foreign military bases in the territory of the country. Last week the idea of opening of a Turkish military base
read more   30.08.2010 09:17
“Patriarch" of Azerbaijani business in Russia leaves his post
Baku, Fineko/abc.az. Process of leaving business in Russia of businessmen of Azerbaijan origin has received the loudest continuation – the post of President of oil company LUKOIL is left by its founder and a holder of 20.54% of shares of the company Vagit Alakparov.
read more   30.08.2010 09:10
Russia discloses substance of its shocking offers on settlement of Armenian-Azerbaijan conflict
Baku, Fineko/abc.az. Russian Foreign Minister Sergey Lavrov disclosed proposals of this country on settlement of Armenian-Azerbaijan Nagorno-Karabakh conflict, made without the coordination with the OSCE Minsk group and discouraging Azerbaijan
read more   28.08.2010 11:20
Azerbaijan’s banking system capital increases by formal 0.8%
Baku, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) reports that this July overall capital of country’s banking system increased from $2.19 bn (rate: AZN 0.8031 to the US dollar) by early 2010 up to $2.58 bn (AZN 0.8036 to the US dollar) by 1st August
read more   28.08.2010 11:01
Investment contest announced for 99.31% of shares of Mingechevir spinning factory
Baku, Fineko/abc.az. The State Committee for Property Affairs of Azerbaijan has announced an investment competition for sale of for 99.31% of shares of the Mingecavir Toxucu JSC (Mingechevir spinning factory).
read more   28.08.2010 10:58
Azerbaijan’s banking system assets drop by $450 million for month
Baku, Fineko/abc.az. This July, balance assets of Azerbaijan’s banking system fell by $449.975 million. As the result, according to statistical data of the Central Bank of Azerbaijan (CBA), for 2010 balance assets
read more   28.08.2010 10:46
Investment contest announced for 94.46% of shares of “Baku iodine”
Baku, Fineko/abc.az. The State Committee for Property Affairs of Azerbaijan has announced an investment competition for sale of 94.46% of shares of Baki Yod JSC (Baku iodine)
read more   28.08.2010 10:29
Consumer, trading and building loaning in Azerbaijan reaches historical maximum
Baku, Fineko/abc.az. This July commercial banks of Azerbaijan increased volume of consumer loaning by 2.1 % at similar decrease of total volumes of crediting.
read more   28.08.2010 10:10
Azerbaijani Society of Appraisers defines medium-term programme of action
Baku, Fineko/abc.az. The Azerbaijani Society of Appraisers (AQC) has defined own programme of action.
read more   28.08.2010 09:57
Azerbaijani banks increase granting of guarantees 2.3-fold for month
Baku, Fineko/abc.az. This July Azerbaijani commercial banks increased granting of guaranteea 2.3-fold.
read more   28.08.2010 09:46
Saakashvili promises Russian or Azerbaijan president for Georgia
Baku, Fineko/abc.az. Georgian President Michael Saakashvili continues the campaign, having aim to prove that its state is a democratic country and a society with equal possibilities.
read more   28.08.2010 09:29


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