Azerbaijani banks sold $621.67 million in January-June, down 2.7-fold YoY, according to the report of the Central Bank of Azerbaijan (CBA). Bank clients purchased 10.35 million pounds sterling, 126.58 million euros and 1.09 billion Russian rubles in cash over the six months of this year. (Trend/Business World Magazine)
Turkmen Foreign Ministry hosted a meeting with the Georgian delegation headed by country’s Deputy Finance Minister Nikoloz Gagua, in Ashgabat. The sides discussed issues of trade and economic relations, as well as possibilities of major strategic projects in this area. “The Turkmen side expressed its commitment to the development of cooperation with the countries of…
Raiffeisen Bank Aval (Kyiv) has issued a loan in the national currency for UAH 400 million to the International Finance Corporation (IFC). According to the website of Raiffeisen Bank Aval, the loan is granted for eight years. The IFC will use the funds raised to finance the investment projects of Ukrainian companies. “We are working…
Industrial prices in Ukraine in July decreased by 0.6%, while in June they fell by 0.6%, in May by 1.3% and increased in April by 1.6% and in March by 3.5%, the State Statistics Service has said. Industrial prices growth in July to July 2016 slowed to 23.3% from 26.3% in June, 27.1% in May,…