BP and partners in the Azeri-Chirag-Guneshli, Baku-Tbilisi-Ceyhan, “Shah Deniz” and South Caucasus Pipeline projects have completed the ABB Tech Academy project, to which they joined in 2020.The project trained a total of 208 people from various sector…
Day: July 25, 2022
BTB Bank lost over AZN 5 million over six months
Bank BTB has published its financial indices for the first half of 2022. Over 6 months, the bank suffered losses in the amount of AZN 5.3 million (it completed the same period of the last year with a profit of AZN 0.5 million).In the reviewed period th…
“Ziraatbank Azerbaijan” earned about AZN 4 million profits over half a year
Ziraatbank Azerbaijan has published its financial indices over the first half of 2022.Over 6 months the bank earned profits worth AZN 3.8 million. This is up by 2 times from the same period of the last year.in the reviewed period Ziraatbank Azerbaijan …
Azerbaijani banks allocated new limits for mortgage lending
The Mortgage and Credit Guarantee Fund (MCGF) has allocated new limits for lending to authorized banks. This is announced by the Fund.According to the message, the limits are activated from today.Recall that this year, at the expense of MCGF funds, nea…
Profits of cement plant rose by 14.1%
Holcim OJSC (Azerbaycan) has disclosed a financial report for 2021, according to which the consolidated profits of the country’s cement enterprise rose by 14.1%.Last year, the company’s profits amounted to about 115 million manats ($67.6 million). At t…