Deposit Insurance Fund Compensated 721 Million 800 Thousand Manat
The depositors of 10 closed banks have been compensated 721 million 800 thousand manat. The specification is as follows: Para Bank – AZN 42 million 976 thousand (98.1% of the total amount of compensation), Zamin Bank – AZN 52 million 462 thousand (72.2%), Credo Bank – AZN 27 million 770 thousand (99.5%), Deka Bank – AZN 3 million 083 thousand (96.6%), Atra Bank – AZN 14 million 271 thousand (98.1%), Qafqaz Inkishaf Bank – AZN 1 million 974 thousand (94.4%), Bank of Azerbaijan – AZN 24 million 148 thousand (97%), Ganja Bank – AZN 976 thousand (94%), Tekhnika Bank – AZN 120 million 152 thousand (98%), and Bank Standard – AZN 433 million 988 thousand (98.4%). ---71D
Economics
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Croatian Prime Minister Andrej Plenković announced enhanced efforts by Croatia to protect the Adriatic Sea and advance renewable energy projects during his address at the COP29 summit in Baku on Wednesday.
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Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
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Greek Prime Minister Kyriakos Mitsotakis on Wednesday urged European leaders to pursue a "smart green deal" at the COP29 summit in Baku, advocating for a balanced approach to the energy transition that takes into account both environmental and economic realities.
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Kuwait’s Crown Prince Sheikh Sabah Khaled Al Hamad Al Sabah affirmed the country’s commitment to environmental sustainability during a high-level meeting at the COP29 summit in Baku on Wednesday, emphasizing Kuwait’s adherence to international climate agreements, including the Kyoto Protocol and the Paris Agreement.
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