Official Press Release of Financial Chain Corporation
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02.01.2024 OVERVIEW OF KEY FINANCIAL SECTOR EVENTS IN AZERBAIJAN FOR 2023
The parliamentary discussion of a bill amending the law “On the Central Bank”, memorandum of understanding between Azerbaijan and Tajikistan aiming to facilitate collaborative research trips, exchange experiences, discuss pertinent issues, conduct training programs, internships, seminars, and offer technical consultations within the banking sector, a memorandum of cooperation between the Association of Banks of Azerbaijan (ABA) and the Association of Banks of Hungary, a memorandum focused on organizing joint events and advancing the financial sector’s development signed between ABA and the Union of Banks of Turkey, new reserve requirements for banks, covering various types of deposits and ensuring financial stability approved by the Central Bank of Azerbeijan, the launch of fee-free money transfers from Turkey to Azerbaijan etc. were the pivotal finance events of 2023 in Azerbaijan.
03.01.2024 GEORGIA AIMS FOR THE EU MEMBERSHIP BY 2030
In a bold declaration, Irakli Kobakhidze, Chairman of the ruling party “Georgian Dream – Democratic Georgia,” affirmed that Georgia will be fully prepared to join the European Union by the year 2030.
09.01.2024 VİSA CONTİNUES EMPOWERING WOMEN ENTREPRENEURS IN KAZAKHSTAN
In an inspiring move towards advancing female entrepreneurship in Kazakhstan, Visa is set to embark on pivotal initiatives, as announced by Christina Dorosh, Vice President and Regional Manager of Visa in Central Asia and Azerbaijan.
10.01.2024 KAZAKHSTAN: NEWS AND ACCOUNTING ACTIVITIES, JANUARY, 2024
The Tax Committee has published a list of companies that are subject to mandatory audit in the first half of 2024.
15.01.2024 REVOLUTIONIZING PEER-TO-PEER TRANSACTIONS IN CZECHIA WITH PAYMENT TO CONTACT
In a groundbreaking digital stride, the Czech Republic is embracing a transformative banking service that simplifies peer-to-peer transactions through the revolutionary “payment to contact” project.
16.01.2024 KAZAKHSTAN: A NEW MIGRATION INTERNET PORTAL
The Migration Resources Portal migration.enbek.kz has been launched in Kazakhstan, which combines tools for centralized management of information about arriving foreign citizens, and will also improve the quality of government services provided in the field of migration, including labor and business migration.
17.01.2024 UZBEKISTAN EXTENDS ZERO CUSTOMS DUTY RATES TO SUSTAIN MARKET STABILITY
In a strategic move to ensure economic stability and curb inflation, the President of Uzbekistan has extended the period of zero customs duty rates on essential food items until January 1, 2025.
23.01.2024 LEGAL SERVICES IN KAZAKHSTAN: COMPANY REGISTRATION
Today, Kazakhstan is one of the best places in the CIS for business. Entrepreneurs, who opened a business in Kazakhstan, feel comfortable and protected due to the attractive conditions.
24.01.2024 ELEVATING UZBEKISTAN-CHINA RELATIONS TO NEW HEIGHTS
In June 2023, the city of Gulistan hosted the “Syrdarya–China” business forum, a pivotal event that saw the participation of 250 representatives from leading Chinese companies, including Huawei, TiBiIEi, SisiSeven, and others. The forum resulted in the signing of approximately 30 agreements, totaling an impressive USD 322 million.
25.01.2024 WHY CZECH PM IS SAYING ‘NOT YET’ TO EURO ADOPTION
Prime Minister Petr Fiala stated Wednesday afternoon that Czechia’s adoption of the euro is definitively off the table at least until the country’s next general election, which will come around October 2025.
