Banks with investments in securities of over AZN 1 bn

Four out of 26 banks operating in Azerbaijan as of 1 October 2022 had no investments in securities in their assets.

SIF gives guarantees for loans in amount of over AZN 290 million

Karabakh Revival Fund received income from donations

The Karabakh Revival Fund has presented its financial statements for 2021 and the results of the PwC audit.

Minister: Our main investments aim to restore liberated lands

The reality, which is already inevitable, is that today our main investments are aimed at restoring the liberated territories,

Azerbaijan has invested $2.6 bn in this European country

To date, Azerbaijan has invested $2.6 bn in Switzerland.

Money directed for fixed assets increased more than by 4%

Over Jan-Sept 2022 the finances directed for fixed assets increased by 4.6% against Jan-Sept 2021

Oil Fund has sold its real estate in Milan and Seoul

The State Oil Fund of Azerbaijan has sold its real estate in Milan and Seoul

To date, SOFAZ acquired over 500 properties abroad

The State Oil Fund of Azerbaijan (SOFAZ) has so far acquired real estate abroad in the amount of $2.9 bn

Economy Minister: Interest subsidy of AZN 66.6 million paid to entrepreneurs

Polish companies may be involved in restoration of liberated territories

The involvement of Polish companies in the restoration of the liberated territories of Azerbaijan is an important direction.

Azerbaijan and Greece discuss investments and cooperation in energy sector

Azerbaijani Economy Minister Mikail Jabbarov held talks with Greek Environment & Energy Minister Kostas Skrekas in Baku

Foreign enterprises and companies directed AZN 2.49 bn for fixed capital

By 1 October 2022, foreign enterprises and organizations directed AZN 2.488 bn for the fixed capital.

Sabanji Holding to invest in the U.S.

Sabanji Holding created a new company to invest in renewable energy and climate technologies in Turkey and the U.S.

International CJSC places bonds for AZN 2 million

The bonds of International CJSC with total value of AZN 2 million were included in the standard market segment on 9 September 2022 by the decision of the Listing Committee of the Baku Stock Exchange.

A $120 million loan given to Hungarian companies operating in Karabakh

Hungary’s EximBank has opened a credit line for $120 million for Hungarian companies involved in construction in Karabakh.

Azerbaijan and Kyrgyzstan plan to establish a fund for $25 million

Investments of Baku branch of Bank Melli Iran in securities grew by 42.4%

The Baku branch of Bank Melli Iran has published the financial indicators for the past 9 months of 2022 (January-September).

Jabbarov: Entrepreneurship Fund gave concessional loans for AZN 90 million this year

Since the beginning of this year, the Entrepreneurship Development Fund has given concessional loans for AZN 90.2 million to 1,963 entrepreneurs, including for AZN 62.8 million on 1,953 small and medium-scale projects.

Game studio received investment of $200,000

PolyDream game studio operating in Azerbaijan received investments in the amount of $200,000 with an estimate of $4 million.

A plant to be built in the Caspian Sea

A desalination plant will be created in the Caspian Sea.

Unicapital paid AZN 800,000 of dividends to shareholders

Unicapital Investment Company paid dividends for AZN 800,000 to the shareholders