Report
Anton Stroutchenevski ...
  • Artem Vinogradov
  • Rodion Lomivorotov
  • Sergei Konygin

Azerbaijan Update - Back in Baku

When we previously visited Azerbaijan, in March of last year, the country was just starting to emerge from a sharp downturn that had seen GDP growth turn negative and the national currency plummet in what turned out to be a chaotic devaluation. We returned to Baku recently and came away with a distinctly more upbeat impression: higher oil prices have given Azerbaijan some breathing room, GDP growth has turned positive, the exchange rate has stabilized, and a recapitalization of the banking sector is proceeding apace. BP, the key partner in developing the country's extensive oil and gas reserves, has signed on for another 25 years at the giant Azeri-Chirag-Guneshli (ACG) oil field cluster in the Caspian.
Provider
Sberbank
Sberbank

​Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

Analysts
Anton Stroutchenevski

Artem Vinogradov

Rodion Lomivorotov

Sergei Konygin

Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch