Trend: Minister of Foreign Affairs of Kyrgyzstan Ruslan Kazakbayev met with Ambassador Extraordinary and Plenipotentiary of Azerbaijan to Kyrgyzstan Hid …
Azerbaijan publishes weekly precious metal prices
An ounce of gold in Azerbaijan decreased by 26.61 manat (0.9 percent) during the outgoing week. The average price of one ounce of gold amounted to 2,964.24 manat, which is 3.6 percent less compared to …
Azerbaijan, Turkey mull co-op in employment, social protection
Cooperation in the field of labor, employment and social protection between Azerbaijan and Turkey were discussed during the videoconference meeting of two counties’ Labor and Social Protection …
Azerbaijani Finance Ministry to auction gov’t bonds
Baku Stock Exchange (BSE) will hold an auction on the placement of state interest-bearing medium-term bonds of Azerbaijan’s Ministry of Finance worth 10 million manat ($5.8 million) on August 17, 2021 …
Credit insurance market volume grows in Azerbaijan
The volume of fees on credit insurance in Azerbaijan increased by more than seven times on an annualized basis as of early July 2021, Trend reports with reference to the reporting data of the Central …
Central Bank talks formation of positive trend in digital banking dev’t in Azerbaijan
A positive trend has formed in Azerbaijan in terms of digital banking development, the Central Bank (CBA) told Trend. According to the CBA, as of July 1 of this year, 24 out of 26 banks operating in …
BSTDB Increases local currency financing in Azerbaijan
The Black Sea Trade and Development Bank (BSTDB) has extended a new local currency SME facility of AZN 10 million to TuranBank for on-lending to domestic small businesses, Trend reports with reference …
Austria to organize trade mission to Azerbaijan
Austria will organize a trade mission to Azerbaijan in November 2021, Austrian Federal Ministry for European and International Affairs told Trend. “Bilateral trade relations between Azerbaijan and …
Azerbaijan creating new ecotourism routes
New ecotourism routes are being created in Azerbaijan, Head of the sector of the State Tourism Agency, Director of the Tourism Products Development Department of the Azerbaijan Tourism Board, Sharifa …
Foreign currency demand of Azerbaijani banks grows
The Central Bank of Azerbaijan (CBA) held a new foreign exchange auction with the participation of the State Oil Fund of Azerbaijan (SOFAZ) on August 12, 2021, Trend reports referring to the CBA.