Investment company BlackRock closes securities fund in Russia

World's largest investment company BlackRock will begin liquidation of its exchange-traded fund of Russian securities Russia ETF from 17 August.

Payments made on Silk Way West Airline bonds

Economy minister announces Azerbaijani Investment Company’s investments in home production

In order to reduce dependence on imports and support local production, the Azerbaijani Investment Company invested AZN 766,000 in Diamed Development Group LLC.

Unibank has placed shares for AZN 11.9 million

Banks whose investments in securities declined

Banks with investments in securities over AZN 1 bn

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

Auction for placement of Unibank shares to take place

On 21 July 2022, by the decision of the Listing Committee of the Baku Stock Exchange, the shares of Unibank Commercial Bank” with total value of AZN 11.9 million were included in the listing in the standard market segment.

Azerbaijan and Uzbekistan to create joint investment fund

The authorities of Uzbekistan and Azerbaijan plan to create a joint investment fund for the implementation of common projects.

AzKredit becomes first partner of NBCO SIMA

A subsidized loan for AZN 198,000 to be given to Azani Tekstil

U.S. State Department’s positive statement on economy of Azerbaijan

The overall investment climate in Azerbaijan continues to develop, but some important challenges remain.

AIC invests in an Israeli company

An investment agreement has been signed between Azerbaijan Investment Company, and leading Israeli crowdfunding platform OurCrowd.

Azfinance acquired a stake in NBCO

Investment company Azfinance acquired 70% of the constituent shares of non-bank credit organization Optimal Finance LLC.

Minister posted a publication on subsidizing interest rates on loans

A positive decision was made on 5,022 out of 6,308 applications for subsidizing interests on existing loans.

Investment portfolio of Azerbaijani Investment Company has grown

Azerbaijani Investment Company’s investment portfolio for 2021 increased by 12%

Economy Minister: Over 450 million to be invested in industrial zones

Albayrak to invest in construction of fertilizer terminal at Baku Port

Four investors display an interest to TBC Kredit bonds 

Date of auction for TBC Kredit bonds announced

An auction for the placement of TBC Kredit LLC bonds for totally AZN 1 million will be held at the Baku Stock Exchange on 14 June.

A subsidized loan given to lavender oil producer

A subsidized loan in the amount of AZN 130,000 has been given to The Best Choice LLC, engaged in the production of lavender oil in Gabala.

New projects are being considered to provide permanent jobs for 800 people

Entrepreneurs wishing to become residents of the Agdam Industrial Park presented 15 projects with total investment value of more than AZN 60 million.