Bank, Azerbaijan News

The Azeri authorities insist the country will weather the global financial storm, but experts remain unconvinced and warn that Baku may now struggle to raise funding for major investments in oil infrastructure.

Kaupthing Bank hf , Iceland's largest bank, has sought bankruptcy protection from its U.S. creditors.

Date : Fri, 14 Nov 2008 16:27:04 +0400 ADB PRESIDENT TO ARRIVE IN AZERBAIJAN ON NOV.

The Central Cooperative Banks in Orissa have recently received about Rs 656.70 crore towards claims under Debt Relief Scheme of 2008, announced by the Centre.

Eik Banki P/F is the first and largest bank in the Faroe Islands, founded in 1832 and dual listed in 2007 on the OMX Nordic Exchange Copenhagen and Iceland.

Sellers of credit-default swaps on bonds sold by Landsbanki Islands hf will pay more than 1.3 billion euros to settle contracts triggered when the Icelandic government took control of the bank last month.

Contracts on Landsbanki Islands, the nation's second-biggest bank, will be first on the block later today.

The economic turmoil that has rocked the developing world in recent weeks has buried the theory of decoupling, the idea that emerging markets tended to have less reliance on established global markets.

Date : Thu, 30 Oct 2008 19:23:13 +0400 EBRD'S SHARE IN ARARATBANK EVIDENCE OF CONFIDENCE IN ARMENIA'S BANKING SYSTEM ARKA oct 29, 2008 YEREVAN, October 29.

During the meeting the head of the state stressed successful development of the US-Azerbaijani relations in different spheres.

He noted that a special mortgage group, guided by the deputy chairman of the board, had been created under the bank.

The United Nations Secretary General Banki-moon has called for "drastic measures", including giving a leading role for the IMF, to aid crisis stricken countries by the recent international financial upheaval.

He said the State oil fund and the National Bank undertook preventive measures to secure country's monetary reserves from the impact of the world economic crisis.

ARCHIVE click for a new search Economy Page Contents Turkish Central Bank sells TL for dollars Aliyev says wants Baku-Ceyhan oil pipeline route Erciyas Buys New Facilities Turkish Central Bank sells TL for ...

This is a tale of two seemingly different countries that is actually one -- Azerbaijan.

Day.Az reports with reference to the Finance Ministry that the sides also signed an agreement on Japanese grant for the joint financing of the said project.

It should be noted that this index made 2.1 in 2007 and 1.9 in 2008. The due statement is contained in the announcement of the national division on the report of Transparency International, released Tuesday.

Date : Sat, 20 Sep 2008 12:54:00 +0500 ELMAR MAMMADYAROV DELIVERS SPEECH ON THEME "PROSPECTS OF AZERBAIJAN'S FOREIGN POLICY" AT INTERNATIONAL INSTITUTE FOR STRATEGIC STUDIES Azeri Press Agency 19 Sep 2008 11:30 ...