Depositors of 10 closed banks have received compensation of 698 million 890 thousand manat, the Deposit Insurance Fund said.
The depositors of OJSC Para Bank were issued AZN 42 million 810 thousand, OJSC Zamin Bank – AZN 52 million 256 thousand, OJSC Credo Bank – AZN 27 million 005 thousand, OJSC Deka Bank – AZN 3 million 021 thousand, OJSC Atra Bank - AZN 14 million 193 thousand, OJSC Qafqaz Inkisaf Bank – AZN 1 million 880 thousand, OJSC Bank of Azerbaijan – AZN 24 million 147 thousand, OJSC Ganja Bank – AZN 975 thousand, OJSC Tekhnika Bank – AZN 120 million 080 thousand, and OJSC Bank Standard - AZN 412 million 517 thousand as compensation. -----71D
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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