News
 Quantity of Azerbaijani banks’ plastic cards reaches 4.154 millionBaku, 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. |
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 Largest airline of world with control over 6% of world market of air service to appear till end of yearBaku, 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). |
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 Azerbaijani banks’ net profit drops 2.24-foldBaku, 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 |
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 Georgia opens kibbutzesBaku, Fineko/abc.az. The first kibbutzes in the former USSR can appear in the Georgian territory. |
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 Azerbaijan does not invite Turkish base to its territoryBaku, 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 |
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 “Patriarch" of Azerbaijani business in Russia leaves his postBaku, 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. |
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 Russia discloses substance of its shocking offers on settlement of Armenian-Azerbaijan conflictBaku, 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 |
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 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 |
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 Investment contest announced for 99.31% of shares of Mingechevir spinning factoryBaku, 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). |
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 Azerbaijan’s banking system assets drop by $450 million for monthBaku, 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 |
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 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) |
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 Consumer, trading and building loaning in Azerbaijan reaches historical maximumBaku, 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. |
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 Azerbaijani Society of Appraisers defines medium-term programme of actionBaku, Fineko/abc.az. The Azerbaijani Society of Appraisers (AQC) has defined own programme of action. |
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 Azerbaijani banks increase granting of guarantees 2.3-fold for monthBaku, Fineko/abc.az. This July Azerbaijani commercial banks increased granting of guaranteea 2.3-fold. |
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 Saakashvili promises Russian or Azerbaijan president for GeorgiaBaku, 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. |
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