Credit unions of Azerbaijan reduced their liabilities by 10%

The Azerbaijan Deposit Insurance Fund (ADIF) has paid a total of AZN 1,717.5 million or $1,010.3 million in compensation to 62,520 depositors of 19 banks in the process of liquidation over the period of its operation from 2006 to 2024.This is reported by the ADIF.

The Central Bank of Azerbaijan (CBA) does not hold auctions of notes since November 2024, i.e. for 3 months. This is evidenced by operational indicators published by the Baku Stock Exchange (BSE).

In 2024, the 'Pasha Sığorta' and 'Paşa  Hayat Sığorta' companies as parts of 'Pasha Holding', collected AZN 912 million of insurance premiums. This is stated in the insurance review published by the Central Bank of Azerbaijan.

“Meqa Sığorta” company won the open tender for voluntary medical insurance of 82 employees of the National Deposit Centre (NDC) and 56 members of their families. This is reported on the unified internet portal of public procurement.