The Deputy Chairman Ramin Kerimov has left the Board of JSC Azerbaijan Senaye Banki (ASB). According to the report on the ASB website, the Board is headed by the Acting Chairman Dogan Tandogan and the Board member Sarvan Mikayilov. The Deputy Chairman position remains vacant.
JSC Azerbaijan Senaye Banki has operated under the CBA license since 1996. Its main shareholder is Anadolu Investment Company (94.2517%). The shareholders also include the insurance company Azerbaijan Senaye Sigorta (5.1735%) and the leasing company Azerbaijan Senaye Leasing (0.5748%). --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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