Azerbaijan's foreign-capital NBCIs remain limited despite growth in 2025
Azerbaijan’s non-bank credit sector remains relatively small within the overall financial system, despite a noticeable expansion in assets and lending activity. trend.az »
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Azerbaijan’s non-bank credit sector remains relatively small within the overall financial system, despite a noticeable expansion in assets and lending activity. trend.az »
The report notes that fiscal policies remained expansionary across the subregion. Kazakhstan maintained an expansionary fiscal stance despite budgetary caps and new tax measures. trend.az »
In 2025, Italy and China emerged as the prime destinations for Kazakhstan’s exports, making up 19.8% and 19.2% of the total export volumes, respectively. trend.az »
The IEA's forecast for 2026 suggests stable production throughout the year. trend.az »
Analysts highlight that the labor market has remained broadly stable despite the transition, with the surveyed urban unemployment rate estimated at 5.2% as of late 2025. This stability is supported by a growing services sector, which now accounts for nearly 60% of total value added in the economy. trend.az »
Eni’s refining business delivered a positive performance in the third quarter of 2025, posting earnings of 135 million euros, compared with a breakeven result a year earlier. trend.az »