TOPIC: consumerrsscaticon

Most of the assets of NBCO accounts for foreign organizations

13 August 2014

Total assets of non-bank credit organizations (NBCO) by July 1, were 579,310,000 AZN (+ 6.86% against the beginning of the year). According to the Central Bank of the Republic of Azerbaijan with reference to NBCO, most of the accounts are on the assets of credit institutions, financed by international humanitarian organizations – 495 800 000 […]

Labor market in stagnation

15 July 2014

Government declares the opening of the country for half of the new 65,000, including 52,000 permanent jobs. Nevertheless, official statistics says that since the beginning of the year the number of employed persons grew by only 700 people. As of June 1, the economy of Azerbaijan occupied 1,510,800 employed persons, which are 300 people more […]

Revenues advertising companies increased by 22%

12 July 2014

The State Statistics Committee of Azerbaijan has published the data on financial performance advertising companies for 2013. In the past year AZN 57 million was spent on advertising, which is 22% more than in 2012. According to the State Statistics Committee, the main part (34 mln) of the revenue for 2013 accounted for planning, creating […]

Actuaries in the law

10 July 2014

Actuaries have become an effective link in financial services. The head of state has approved amendments to the law “On State Duty”. According to the amendments, the state fee for obtaining a certificate of conduct of actuarial activities determined in the amount of AZN 50. According to the insurance legislation of Azerbaijan, from January 1, […]

Deviations from the rules of the cash payments are popular among entrepreneurs

05 July 2014

The most popular violations of the tax legislation in June were deviations from the rules of cash payments. The Tax Ministry revealed 2,662 such cases. According to the official statement of the ministry, last month they identified 5,765 taxpayers who did not observe the law. Thus, 1,263 natural persons were engaged in business without a […]

Most of the assets of NBCO accounts for foreign organizations

13 August 2014

Total assets of non-bank credit organizations (NBCO) by July 1, were 579,310,000 AZN (+ 6.86% against the beginning of the year). According to the Central Bank of the Republic of Azerbaijan with reference to NBCO, ...

Labor market in stagnation

15 July 2014

Government declares the opening of the country for half of the new 65,000, including 52,000 permanent jobs. Nevertheless, official statistics says that since the beginning of the year the number of employed persons grew by ...

Revenues advertising companies increased by 22%

12 July 2014

The State Statistics Committee of Azerbaijan has published the data on financial performance advertising companies for 2013. In the past year AZN 57 million was spent on advertising, which is 22% more than in 2012. ...

Actuaries in the law

10 July 2014

Actuaries have become an effective link in financial services. The head of state has approved amendments to the law “On State Duty”. According to the amendments, the state fee for obtaining a certificate of conduct ...

Deviations from the rules of the cash payments are popular among entrepreneurs

05 July 2014

The most popular violations of the tax legislation in June were deviations from the rules of cash payments. The Tax Ministry revealed 2,662 such cases. According to the official statement of the ministry, last month ...

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