Anti-monopoly measures in store for banking sector

Little attention has thus far been paid to the anti-monopoly legislation in financial and banking sectors. As a result, only the International Bank of Azerbaijan, which executes 53% of all banking transactions of the country, has been registered as monopolist bank. A source from the state committee for anti-monopoly policy and support for entrepreneurship told AssA-Irada Saturday that it would take measures to prevent monopolization in the financial and banking sectors.
96 organizations, mostly private, are registered as monopolists.*

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Issue: April, 7, 2001


POLITICS

Little White House talks fruitless

Demcongress condemns authorities


ECONOMICS

Siemens to invest millions in electricity grid

Lukoil to modernize 'Shelf-7'

IBA to be privatized this year

Draft Azeri-Russian co-op program ready

Anti-monopoly measures in store for banking sector


CULTURE

Journalists in extreme situations: what to do?


MISCELLANEOUS

Tramway rails being demolished

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