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Markets Review2017
RU AZ
2017 November 10 ( Friday )  17:32:08
 
Food Prices Kept Stable in October

Baku / 10.11.17 / Turan: The price of the consumer basket for 30 types of basic food products of domestic production, compiled by the news agency Turan, remained unchanged in Baku in October.


RU AZ
2017 November 08 ( Wednesday )  13:21:36
 
Accepting Deposits in Banks of Azerbaijan

In October, the annual interest rates on AZN and USD deposits accepted by Azerbaijani banks decreased. In several banks, deposits fell by about half.


RU AZ
2017 November 08 ( Wednesday )  12:42:56
 
Lending in Banks of Azerbaijan

Six of the existing banks in Azerbaijan have changed the annual interest rates of consumer loans issued in manat. The changes concerned both the rise and the decrease in the price of loans.


RU AZ
2017 November 08 ( Wednesday )  11:44:45
 
Bank Rankings (Q3, 2017)

We represent the ranking of commercial banks of Azerbaijan on the basis of the final financial indicators of the 3rd quarter of 2017. The rankings were prepared, using reports (balance, profit / loss, etc.) posted on official Internet sites, as well as acceptable information.


RU AZ
2017 November 08 ( Wednesday )  11:14:53
 
Bank Rankings - Dynamics (Q3, 2016-2017)

We represent the ranking of commercial banks of Azerbaijan for the 3rd quarter of 2016-2017 on the basis of comparison of financial indicators (annual dynamics). Rankings are prepared on the basis of using financial reports placed on official websites of banks (balance sheet, profit / loss, etc.), as well as permitted information.


RU AZ
2017 October 24 ( Tuesday )  10:50:13
 
Food Prices Went Up by 5.4% in September

Baku / 24.10.17 / Turan: In September, the average price of the consumer basket for 30 types of basic food products of domestic production, compiled by the news agency Turan, increased by 5.4% in Baku.


RU AZ
2017 October 18 ( Wednesday )  13:41:23
 
Price of Butter Unrealistically High

Baku / 18.10.17 / Turan: The government explains the significant increase in butter prices observed recently with external circumstances, namely, the rise in oil prices in the world market.


RU AZ
2017 October 18 ( Wednesday )  10:02:20
 
Azerbaijan Increases Export of Meat Products to Middle East

In 2017, the State Customs Committee of Azerbaijan for the first time in its report showed a significant growth in exports of Azerbaijani meat, meat products and even livestock. For the first six months of 2017, meat was exported in live weight, totaling $ 907 thousand, which is 384% more than for 6 months of 2016 ($ 236.5 thousand). Export of meat and meat products for the first half of the year 2017 was $ 159.8 thousand, which is 299% more than for the same period in 2016 ($ 53.4 thousand). For dairy products, eggs and honey, there was growth by 489% ($ 788.8 thousand for 6 months 2016 and $ 3,806.5 for 6 months 2017).


RU AZ
2017 October 14 ( Saturday )  13:17:33
 
Natural Honey in Short Supply, Not at Fairs - Experts Urge Consumers to Be Cautious

"With the beginning of the season of honey sales, the usual story of unsuccessful search for honey, a fake in 95% of the cases, by the consumers began. Unfortunately, people cannot learn a simple truth: natural honey should be sold at a price much higher than the average of 30 manat that is the ordinary price in the market," the head of the Union of Free Consumers of Azerbaijan (UFCA) Eyub Huseynov said.


RU AZ
2017 October 04 ( Wednesday )  10:29:49
 
Situation with Accepting Deposits in Banks of Azerbaijan

In Azerbaijan, the tendency of cheapening bank deposits continues. In September, five banks lowered their annual interest rates. The reduction covers deposits in USD and EUR, as well as in AZN.


RU AZ
2017 October 03 ( Tuesday )  11:34:14
 
Butter is sold to Azerbaijanis at unreasonably high prices

The head of state left an optimistic record on Twitter


RU AZ
2017 October 02 ( Monday )  15:33:46
 
Azerbaijani Citizens Prefer to Fly through Georgia, AZAL Prefers to Remain Silent

High prices for tickets, monopolization and reluctance to let other companies into the airspace of the country, and high taxes and airport fees for companies flying to Azerbaijan have always been arguments of the critics of CJSC Azerbaijan Hava Yollari (Azerbaijan Airlines or AZAL). Now foreign airlines have started talking about it openly, and leaving, slamming the doors, as the Russian company Pobeda did in August.


RU AZ
2017 August 22 ( Tuesday )  16:40:01
 
Bank Rankings - Dynamics (Q2, 2016-2017)

We represent the ranking of commercial banks on the basis of a comparison of financial indicators (annual dynamics) for the second quarter of 2016-2017. The rankings were prepared, using financial reports (balance sheet, profit-loss, etc.) posted on official Internet pages and other information.¹Commercial bankDynamics of assets1Pasha Bank64.6%2Gunay Bank56.0%3Rabita Bank50.6%4Azerbaijan Senaye Bank48.0%5Capital Bank39.5%6Ziraat Bank Azerbaijan36.7%7Yapi Kredi Bank Azerbaijan31.2%8AFB Bank30.7%9Bank BTB29.7%10Nakhchivan Bank26.5%11Bank Avrasiya25.9%12Ata Bank25.3%13Bank Silk Way12.9%14NBC Bank10.8%15Turan Bank9.4%16Khalg Bank7.0%17Express Bank- 0.2%18National Bank of Pakistan - Baku- 0.4%19Demir Bank- 9.8%20Amrah Bank- 10.2%21Uni Bank- 12.0%22Bank Melli Iran - Baku- 12.2%23AG Bank- 13.3%24Bank Respublika- 13.3%25Bank of Baku- 19.2%26Mugan Bank- 20.5%27Nikoil Bank- 21.6%28Azer-Turk Bank- 64.9%29Access BankNo report30International Bank of AzerbaijanNo report31Bank VTB AzerbaijanNo report


RU AZ
2017 August 22 ( Tuesday )  12:50:20
 
Situation with Deposits in Azerbaijani Banks

Despite the fact that at the meeting of the Board of the National Bank on August 1, the discount rate was maintained at a stable level, and this issue was postponed until the next meeting on September 18, local commercial banks continue to reduce annual interest rates of deposits. Over the past month, six banks have cheapened their deposits, which concerns deposits both in the national and foreign currency.


RU AZ
2017 August 15 ( Tuesday )  11:22:21
 
Bank Rankings (Q2, 2017)

We represent the ranking of commercial banks of Azerbaijan on the basis of financial indicators for the second quarter of 2017. Rankings are prepared using the financial statements posted on official Internet pages (balance sheet, profit / loss, etc.) of banks, as well as permitted information.¹ Commercial bankAssets(million AZN)1Pasha Bank3 355.1352Capital Bank3 190.5743Khalg Bank1 845.8874Azerbaijan Senaye Bank935.5235Access Bank872.6356Bank Respublika779.3967Uni Bank690.4448Rabita Bank667.8579Ata Bank609.87510Turan Bank521.48111Yapi Kredi Bank Azerbaijan517.98912AG Bank502.65313Demir Bank485.51714Bank of Baku474.85515Nikoil Bank413.21016Bank Silk Way411.35017Mugan Bank407.47318Bank VTB Azerbaijan404.98619AFB Bank397.98120Azer-Turk Bank309.42921Express Bank280.08522Amrah Bank239.40423Bank BTB235.06724NBC Bank169.59125Bank Avrasiya159.75826Ziraat Bank Azerbaijan154.39227Gunay Bank144.37628Nakhchivan Bank134.21029Bank Melli Iran - Baku87.64130National Bank of Pakistan - Baku11.23331International Bank of AzerbaijanNo report


RU AZ
2017 August 12 ( Saturday )  11:11:31
 
Butter Only for Great Holidays?

Apparently, Azerbaijani pensioners and consumers from the needy category will have to revise the morning breakfast menu, completely abandoning butter. The fact is that in supermarkets this product, used for breakfast, as well as for preparing a number of dishes, confectionery products and ice cream, has appreciably risen in price. The price of Anchor butter in trade networks has grown from 14.8 manats to 15.2 manats per kilogram.


RU AZ
2017 August 04 ( Friday )  12:05:20
 
Food Prices Fell by 1.6% in July

Baku / 04.08.17 / Turan: In July, in Baku, the average price of a consumer basket of 30 main types of basic food products produced by the Turan agency decreased by 1.6%.


RU AZ
2017 July 27 ( Thursday )  12:06:17
 
Livestock Production Becomes Unprofitable

Why Azerbaijan cannot do without imported meat and milk?


RU AZ
2017 July 25 ( Tuesday )  12:51:06
 
Cotton Instead of Meat and Milk?

Baku / 25.07.17 / Turan: Expansion of cotton crop areas due to natural meadows and pastures put local cattlemen in a desperate situation. Due to the reduction in the fodder base, domestic production of meat and milk is rapidly falling, giving way to imports of overseas products. Consumer prices are growing.


RU AZ
2017 July 19 ( Wednesday )  14:17:09
 
Dynamics of Investment Rankings (2015-2016)

We represent rankings of investment companies operating in the capital market (Securities) in Azerbaijan on the basis of comparison of financial indicators for the years 2015-2016 (annual dynamics). The rankings were prepared using financial statements (balance sheet, profit / loss) posted on the website of the Baku Stock Exchange.¹Investment companyDynamics of assets1Invest-AZ2.3 times2Uni Capital78.8%3Pasha Capital78.7%4Azfinance61.7%5Capital Management- 12.4%6PSG Capital-7Khalg Capital-


RU AZ
2017 July 18 ( Tuesday )  13:49:14
 
Investment Rankings (2016)

We represent the ranking of the investment companies operating in the capital market (securities) in Azerbaijan. Rankings were prepared on the basis of financial indicators for 2016, as well as using financial reports (balance sheet, profit / loss) posted on the Internet pages of the Baku Stock Exchange.¹ Investment companyAssets (millions of AZN) 1Azfinance22.3182Invest-AZ7.6113PSG Capital5.5854Uni Capital0.8505Pasha Capital0.8156Capital Management0.4027Khalg Capital-


RU AZ
2017 July 10 ( Monday )  11:00:28
 
Our Stewed Fruit for African Consumer

Baku / 10.07.17 / Turan: The Ministry of Economy of Azerbaijan held a meeting of companies from the exporters' club with the country's sales representatives abroad. The Deputy Minister of Economy Sahil Babayev said that work is under way to organize export missions abroad. By the end of this year, it is planned to organize missions to Russia, Kazakhstan, Saudi Arabia and Europe. Missions to other countries are also possible.


RU AZ
2017 July 10 ( Monday )  10:36:31
 
Will Azerbaijani Tomatoes Penetrate European Market?

Director of the International Trade Center (ITC, Center du commerce international, CCI) Arancha Gonzalez completed her visit to Azerbaijan, during which she studied the export potential of the country and the situation in industry and business, and assessed the measures taken to support entrepreneurship.


RU AZ
2017 July 04 ( Tuesday )  10:33:16
 
Situation with Lending in Banks of Azerbaijan

Over the past month, the situation with lending changed in two banks of Azerbaijan. One of them is Rabita Bank. The bank, within the summer campaign, which will last until the end of August, has reduced the annual interest rate for more than six months on pawn loans from 30-36% to 29%. However, the annual interest rate of loans granted up to six months remained at the same level of 24-28%.


RU AZ
2017 July 03 ( Monday )  14:43:49
 
Food Prices Fell by 0.2% in June

Baku / 03.07.17 / Turan: The price of a consumer basket of 30 main types of basic food products compiled by Turan Information Agency decreased by 0.2% on average in Baku in June.


RU AZ
2017 July 03 ( Monday )  12:04:49
 
Prices for Building Materials Rose by 1.4% in May

Baku / 30.06.17 / Turan: In May, prices for building materials in Baku grew by an average of 1.4%. In April, the growth was 1.3%.


RU AZ
2017 July 01 ( Tuesday )  11:29:50
 
Prices for Building Materials Rose by 0.3% in June

Baku / 07/01/17 / Turan: In June, prices for building materials in Baku grew by 0.3% on average. In May, prices increased by 1.4%.


RU AZ
2017 June 29 ( Thursday )  14:52:16
 
Milk, Which Is Not Always Useful

Market Volume


RU AZ
2017 June 27 ( Tuesday )  12:04:36
 
About Crisis of Fishing Business in Sea, Rivers and Lakes of Azerbaijan

June 27 - International Day of Fish Culture


RU AZ
2017 June 13 ( Tuesday )  12:12:33
 
Azerbaijani Money for Tourism Industry of Georgia

The summer tourist season in Azerbaijan is traditionally opened on June 15. On this occasion, the National Bureau for Propaganda of Tourism held a meeting with managers of more than 50 tourism companies specializing in inbound tourism. According to the Minister of Culture and Tourism Abulfas Garayev, according to forecasts the main flow of tourists is expected from Arab countries and Russia.


RU AZ
2017 June 12 ( Monday )  18:48:44
 
Prices for Eggs Grow Again

Since the beginning of this week, in the markets of Baku, eggs have risen sharply, sometimes up to 14 gepiks. Sellers say prices for this product will grow, as demand has increased. The population increased consumption of eggs after falling prices for seasonal vegetables - tomatoes, green beans, greens, etc.


RU AZ
2017 June 07 ( Wednesday )  16:15:27
 
Situation with Lending in Banks of Azerbaijan

The commercial banks of Azerbaijan continue to raise the annual interest rates of manat loans. Two other banks increased the value of loans in the national currency.


RU AZ
2017 June 06 ( Tuesday )  15:53:18
 
Food Prices Fell by 3.9% in May

Baku / 06.06.17 / Turan: In May in Baku, the average price of a consumer basket of 30 main types of basic food products produced by the Turan News Agency decreased by 3.9%.


RU AZ
2017 May 31 ( Wednesday )  13:31:11
 
Expensive Housing for the Poor

Social Mortgage Has Never Been in Demand among Poor Citizens


RU AZ
2017 May 24 ( Wednesday )  14:12:28
 
Devaluation to Raise Demand and Prices in Real Estate Market

Baku / 24.05.17 / Turan: Despite the low confidence of the population in banks, the demand for real estate in Baku does not increase, and prices for housing and land for construction are stable so far. This temporary lull is caused by the wait-and-see attitude of buyers, experts say.


RU AZ
2017 May 12 ( Friday )  13:56:27
 
Prices for Building Materials Rose by 1.3%

Baku / 12.05.17 / Turan: In April, prices for building materials in Baku rose by an average of 1.3%. In March, growth was registered at 1.6%.


RU AZ
2017 May 12 ( Friday )  12:55:39
 
Food Prices Remained Stable in April

Baku / 12.05.17 / Turan: In April, average prices of a consumer basket of 30 main types of basic food products made by Turan IA remained unchanged in Baku.


RU AZ
2017 May 12 ( Friday )  10:29:07
 
The rise in price of bread will continue after the rise in prices on the world grain market

The growth of world prices for cereals may entail a rise in price in the domestic market of Azerbaijan, depending on imports of grain. So, if in December 2016 the price per a ton of food grain was 122.8 dollars, in January 2017 the cost went up to 137 dollars, and today a ton of cereal is offered on the world market for 187.4 dollars, saidVahidMaharramov, the chairman of the agricultural department of the Center for Economic Research.


RU AZ
2017 May 10 ( Wednesday )  12:03:13
 
Banks: “The State Is Stable Hard”...

Baku / 10.05.17 / Turan: The main financial regulator recently released another report on the dynamics of deposits in credit organizations of Azerbaijan. According to the CBA document, the volume of household deposits in banks as of April 1, 2017 amounted to 6 billion 911.4 million manats, of which 1 billion 480.5 million manats (21.42%) was placed in national currency, and 5 billion 431 million manats (78.58%) was in foreign currency. Bank deposits of the population by the same period of last year decreased by 977.5 million manats or 12.4%.


RU AZ
2017 May 10 ( Wednesday )  10:27:06
 
What Happens in Dacha Cottage Rental Market?

In the suburban real estate rental segment, there is a surge in activity. Experienced tenants are beginning to search for the best option for rent in early March, since with the beginning of the summer season the rates of landlords are repeatedly raised. And here, tenants need to beware of unscrupulous brokers, whose services are popular with the population...


RU AZ
2017 May 08 ( Monday )  16:04:49
 
Lending in Banks of Azerbaijan

Over the past month, the situation with lending has changed in 7 out of 32 commercial banks of Azerbaijan. Changes have affected both consumer and business loans.


RU AZ
2017 May 05 ( Friday )  17:47:16
 
Financial Organizations Forced to Buy SOCAR Bonds, Promising Early Redemption

In the middle of last month, demand for SOCAR bonds in the secondary market increased sharply, and the bonds are bought up by individuals, Report IA said with reference to the investment company PSG Capital.


RU AZ
2017 May 03 ( Wednesday )  11:31:23
 
Dynamics of Bank Rankings (Q1, 2016-2017)

We offer rankings of commercial banks operating in Azerbaijan, based on a comparison of financial indicators for the first quarter of 2016-2017. The rankings have been prepared by using information from financial reports posted on official web pages (balance sheet, profit / loss).


RU AZ
2017 May 02 ( Tuesday )  10:00:51
 
Bank Rankings (Quarter I, 2017)

We present the rankings of commercial banks operating in Azerbaijan, based on financial indicators, for the first quarter of 2017. The rankings have been prepared by using financial reports placed on official websites of banks (balance and profit-loss).


RU AZ
2017 April 27 ( Thursday )  10:22:04
 
Deposits in Banks of Azerbaijan

Over the past month, 4 out of the 32 commercial banks have changed the interest rates of deposits (International Bank of Azerbaijan (IBA), Bank of Baku, Bank BTB and Rabita Bank). The changes have affected both classical and accumulative deposits.


RU AZ
2017 April 24 ( Monday )  17:39:10
 
Do We Need Currency Exchange Points?

The two latest pieces of financial news are related to the restoration of currency exchange offices and the Central Bank's statement on reducing troubled bank loans. The fact that exchange points will restore work, and this issue was discussed with the Financial Markets Supervisory Authority (FIMSA), was declared by MP Vahid Ahmadov the day before.