Total volume of individuals’ deposits in Azerbaijani banks amounted to 7.76 billion manats according to the results of Q2 2016, and the volume of insured deposits – to 5.66 billion manats, said a message from Azerbaijan Deposit Insurance Fund (ADIF). “Portfolio of insured deposits decreased by 543 million manats (8.8%) during the reporting period QoQ,…Details
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Enterprises of Uzvinprom-holding produced industrial goods in comparable prices for 658.395 billion soums in the first half of 2016, up by 4.6% YoY. The volume of produced consumer goods made up 499.825 billion soums, up by 9.3% YoY. The enterprises produced 12.445 million liters of grape wine (-15%), 29.409 million liters of vodka and alcohol…Details
Uzbekistan Havo Yollari (Uzbekistan Airways) transported 1.17 million passengers in the first half of 2016, the press service of the Uzbek airline said. The airline noted that it carried our 10,671 flights in January-June. The average passenger load to one flight rose compared to the same period of 2015 and made up 111 passengers. Number…Details
Uzbekistan Havo Yollari (Uzbekistan Airways) will start exploitation of the first airplane Boeing 787 Dreamliner from September. According to the airline, the company holds preparation to exploitation of two airplanes of Boeing 787 Dreamliner model, first of which will arrive in Uzbekistan in August. Dreamliner will be a gift for the anniversary of Uzbekistan’s Independence.…Details
Center for coordinating and developing securities market registered 119 emission of shares with total volume of 13.9 trillion soums on par value. Last year Uzbek companies registered 173 emission of shares for 4.8 trillion soums. The Center said that the volume of IPO issues made up 1.04 trillion soums, additional emission – 12.08 trillion soums…Details
Azerbaijan has made significant progress in financial transparency, said the report of the US Department of State. “Azerbaijan made significant progress during the review period by publishing more detail on planned expenditures, including allocations to state-owned enterprises”, said the 2016 Fiscal Transparency Report. Fiscal Transparency Report describes the minimum requirements of fiscal transparency developed, updated,…Details
In January-June LLC “Multipurpose Reloading Complex” (MRC) in port of Ust-Luga (Leningrad region) handled 1.98 million tons of cargo, down by 3% YoY. The result was caused by the decrease of coal exports by the company’s key clients amid the foreign market situation. In the reported period, coal transshipment fell by 6% to 1.83 million…Details