You have no active subscriptions or news packages

Regional Finance: February 2019 (2)

22 October 2019
120 AZN 70 USD 60 EUR

Summary of main events



Azerbaijan’s unemployment level among lowest in CIS
Thousands of people may launch small business in Azerbaijan till late 2019
Azerbaijan may expand concessional lending to businesses
Minister: Favorable environment in Azerbaijan lets entrepreneurs engage in any type of business
All exporters expected to join Green Corridor in Azerbaijan till late 2019
Women's business support project covers several Azerbaijani districts
Azerbaijan eyes to speed up introduction of new generation cash registers
Economy minister talks artificial rise in prices for products in Azerbaijan
Competition Code may appear in Azerbaijan soon
Fitch: Azerbaijan’s economy to grow 3.5% in 2019
Azerbaijan invests billions of manats to open new jobs - minister
Azerbaijani Finance Ministry to auction manat bonds
Companies in Azerbaijan understate turnover by hundreds of millions – minister
Number of financial sanctions from Azerbaijani tax authorities decreases
Azerbaijan studying foreign experience in introducing tax amnesty
Azerbaijan's GDP grows by almost 1.3%
Tax Ministry: Tax reforms in Azerbaijan aim at supporting entrepreneurs
French companies in Azerbaijan told about changes in tax legislation
DOST centers to open in Baku’s 4 districts
WB: Azerbaijan can serve as example for other countries
WB highly appreciates social protection reforms in Azerbaijan
Azerbaijan, Italy to conclude new investment agreement
Three objective reasons for increased investor interest in Azerbaijani gov't securities
Review of Azerbaijani labor market: Sectors that created most jobs
Azerbaijani president: Inflation in country fell to lowest level
Ilham Aliyev: More and more companies want to co-op and invest in Azerbaijan
Fitch affirms rating of Azerbaijan Mortgage & Credit Guarantee Fund
Azerbaijani notary public offices may switch to blockchain
What changes occurred in food market of Azerbaijan?
Manufacturer of doors in Azerbaijan to establish permanent export supplies


Visa talks Azerbaijan's possibility to fully shift to digital payments
Validity period of full deposit insurance in Azerbaijan extended
Azerbaijan Banks Association chairman talks on handling court cases on problem loans
ABA: lending rates in Azerbaijan can increase to two-digit level
Azerbaijan Banks Association talks issue of problem loans in the country
Turanbank continues collateral-free lending to Azerbaijani businesswomen
Opening bank accounts online in Azerbaijan under discussion
How will Azerbaijan solve issue of problem loans?
Azerbaijani banks may face new problem in 2019


Development of Azerbaijani insurance market to accelerate: association
Extension of full deposit insurance law to support Azerbaijan’s financial stability
Azerbaijan’s insurance market grows
Life insurance payments down in Azerbaijan
Azerbaijani company increases volume of property insurance



Over 100 investors attracted to Iran’s Qazvin province
Iran discloses amount of investments to be made in mining sector till 2021
What does Supreme Leader's order on Iranian budget reform mean?
Iran hopes for economic expansion, by joining EEU
Iran discloses volume of goods brought through customs per month
Iran discloses volume of dates exported from southern Kerman province
Iran should change its way of attracting foreign investors
Iran’s Fruit and Vegetables Association: rise in exports causes rise in prices
Why Iran's supreme leader wants budget reform?
Iran's power companies settle their $2.3B worth of gov't debts
Inflation rises in Iran
Private sector invests almost $100M in Iran's Mazandaran province
25,000 trade units in Iranian free zones on the brink of closure
Iran's exports via Fars province exceeds $248M
Over $76M invested in Iran's Golestan province
Exports incentives decline in Iranian budget plan
Which sectors of Turkish economy attract Iranian & Russian investors?
Iranian Chaharmahal and Bakhtiyari Province’s revenues up by 32%
17 countries use Iran's biopharmaceuticals
Iran inflation rate to hit 28%
How will Zarif’s resignation affect Iranian economy?
Iranian MPs to president: Prices need to be controlled
Which products have gotten more expensive in Iran?

Banks & insurance

Fate of Iran’s banking relations depends on decision on FATF
What will Iranian banks with surplus property face?
National Bank of Iran issues 53,000 loans in self-employment, home employment programs
Iran Central Bank: Foreign currency sale to NIMA accelerates
Supply of currency to Iran's NIMA increases
Iran’s production sector needs financial aid from banks
Iran's OTC shares 20% of organized foreign currency market
Iran’s Central Bank to introduce company for facilitating INSTEX
Central Bank: Iran's banknote reserves in good condition
Japanese ambassador: Iran, Japan to launch bilateral banking activities

Middle Asia



Investments in Kazakhstan's Aktobe region grow by nearly 11%
Gross product of Kazakhstan’s Turkistan region reaches $2.9B
Kazakhstan's state budget revenues decrease in 2018
Kazakhstan's budget revenues up by 27%
Kazakhstan’s trade turnover with EEU up by 7.5%
Budget of Kazakhstan's Turkistan region raised by $24.1 million
Kazakhstan to allocate $74.2M for Nurly Zher program
WB may provide Uzbekistan with more funds to support budget
Small & medium-sized businesses make up most of investments in Kazakhstan's capital
Kazakh livestock enterprises to continue export to Uzbekistan
Sales of products, services of Kazakh large & medium-sized companies up by 18%
Retail trade in Kazakhstan up by 14%
SMEs create 7,000 jobs in Kazakhstan's Akmola region
Kazakhstan’s Kostanay region increases mining production
Kazakhstan’s Turkistan region increases meat exports
New economy minister: Kazakhs will feel improvement in welfare this year
WB: Kazakhstan's GDP loses up to $3B due to floods

Finance & insurance

Non-cash payments in Kazakhstan surge: more than double increase in a year
Kazakh banks' assets increase by 4.2%
Money turnover on Kazakh bank cards up by over 50%
National Bank of Kazakhstan starts holding deposit auctions
Kazakh banks' loan portfolio increases
Assets of Kazakhstan National Fund continue to decline
Total bank deposits in Kazakhstan up, legal entities's deposits down
Cash in circulation in Kazakhstan slightly decreases
Money transfers within Kazakhstan increase threefold
Dollarization of deposits down in Kazakhstan
Total assets of insurance companies in Kazakhstan approaching $3B



Turkmenistan approves state price register in construction
Private Turkmen companies review joint investment projects with Germany
Turkmenistan creating investment fund with foreign organizations
EBRD consulting Turkmenistan in trade & export issues
Turkmenistan decides on regulating prices, tariffs for important types of goods, services
EBRD consulting Turkmenistan in trade & export issues
Turkmenistan reveals data on foreign trade



WTO deputy head to visit Uzbekistan
Uzbekenergo to implement investment projects for $4.4B
UZEX Chairman: China's marketplace to positively affect Uzbek investment attractiveness
Uzbekistan has over 270,000 units of small enterprises
Number of enterprises with foreign capital in Uzbekistan increases by 39%
WB may provide Uzbekistan with more funds to support budget
World Bank Group proposes strategy for modernizing Uzbek economy
Number of private business entities to double in Uzbek capital
Uzbekistan may join WTO within two years
Uzbekistan, Russia agricultural products trade grows by over 20%
Exports of goods from Russian region to Uzbekistan increase over 84%
US, Uzbekistan sign protocol on cooperation in trade, investment fields

Finance & insurance

Uzbek Central Bank directs $3.8B to support soum rate in 2018
Uzbek bank signs $5M deal with EBRD for trade financing
UK investors buy majority of Uzbekistan’s debut Eurobonds
Uzbekistan to begin issuing new banknotes from February 25
Financial services dominate Uzbekistan’s services sector
Uzbek, Swiss banks sign loan agreement
Uzbek Ministry of Finance, Central Bank place securities for $7M on currency exchange
Uzbek Central Bank submits bill on electronic payments
Transactions through Uzbek Central Bank up by over 30%
Uzbek, Swiss banks sign loan agreement
Uzbek bank to co-op with Russia's largest payment system
Uzbekistan to withdraw paper notes of 100, 200, 500 soums from circulation