USD 1.7

Baku 24 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

BICEX turnover grew 34% in 2008

BICEX turnover grew 34% in 2008

08 January 2009 13:34 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. Baku Interbank Currency Exchange (BICEX) has announced a 15-year high currency exchange auctions during 2008. BICEX said the currency deals reached AZN 2.051 billion or $2.495 billion in total, exceeding the turnover of 2007 by 34% or AZN 517 million.
In total 1 209 deals were closed at trading sessions during the year and the average cost per deal was a record of $10.14 million, up 39% on a year ago.
The turnover in December alone reached AZN 149.8 million or $186.601 million, a 2.3 times rose on November.
Five banks- UniBank (25.19%), International Bank of Azerbaijan (23.24%), Xalg Bank (17.86%), YapiKredi Bank Azerbaijan (14.23%) and Bank Respublika (9.65%) came ahead for the amount of deals in 2008.

Finance

Azerbaijan

Azerbaijan's insurance market grows by nearly 2% this year

Vusal Gurbanov, Director General of the Central Bank of Azerbaijan

Central Bank of Azerbaijan preparing amendments to compulsory insurance regulations

Chairperson of the Supervisory Board of the Azerbaijan Insurers Association Ulviyya Jabbarova

Azerbaijan's insurance market doubles over past four years

Aliyar Mammadyarov, First Deputy Chairman of the Central Bank of the Republic of Azerbaijan

Central Bank of Azerbaijan preparing new development strategy for insurance sector

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED