BAKU, Azerbaijan, February 15. The European Bank for Reconstruction and Development (EBRD) set an investment record in Uzbekistan in 2024, signing 34 projects worth 938 million euros, Head of the EBRD …
Financial pressures force Azerbaijan’s last bastion of independent media to suspend operations
Azerbaijan’s media landscape is changing in ways that seem set to enhance the government’s already tight grip on the flow of information. Azerbaijan’s most influential independent news outlet, the …
Azerbaijan’s non-banking credit organizations multiply their assets
BAKU, Azerbaijan, February 14. Assets of Azerbaijan’s non-banking credit organizations (NBCOs) have more than tripled in the last three years, Head of the Department of Supervision of Credit …
Azerbaijan proposes central platform for fintech innovation and development
To ensure the sustainability of innovative development in Azerbaijan’s financial market and properly test planned projects within the “sandbox” regime, it is proposed to create a central platform for …
Azerbaijan’s green energy vision: Bridging Global North-South divide
President Ilham Aliyev shared invaluable insights on Azerbaijan’s approach to climate action and the significance of COP29. One of the most striking elements of the President’s address was his …
Azerbaijan sues Armenia in Hague arbitration court for environmental damage
Azerbaijan has filed a lawsuit against Armenia in the Permanent Court of Arbitration in The Hague over what it says is evidence of extensive environmental destruction in areas of Azerbaijan once …
Azerbaijan approves new banking risk management rules
BAKU, Azerbaijan, February 13. The Central Bank of Azerbaijan (CBA) has developed and approved the “Regulation on the Management of Operational risks in banks” based on progressive international …
Azerbaijan-Pakistan CCI inaugurated at Islamabad
ISLAMABAD: Pakistan has achieved another significant milestone in boosting investment and business activities with the inauguration of the Azerbaijan-Pakistan Chamber of Commerce and Industry in …
EBRD set to launch new green economy financing facility in Uzbekistan in 2025 (Exclusive)
BAKU, Azerbaijan , February 13. The European Bank for Reconstruction and Development (EBRD) is set to launch a new Green Economy Financing Facility in Uzbekistan this year, Head of Uzbekistan office …
Republic of Azerbaijan: Technical Assistance Report-Modernizing Central Bank Communication
This report presents an analysis of the Central Bank of the Republic of Azerbaijan’s (CBA) communication framework and offers recommendations for enhancement. The technical assistance mission, led by …