Depositors of nine private banks have been granted compensation totaling 226,043,000 manats, according to the State Deposit Insurance Fund of Azerbaijan.
The depositors of Para Bank have been paid 21 million 181 thousand manats, Zamin Bank - 37 million 112 thousand manats, Credo Bank - 11 million 948 thousand manats, and Deka Bank - 2 million 659 thousand manats.
Depositors of Atra Bank have received 7 million 350 thousand manats, Gafgaz Inkishaf Banki - 1 million 231 thousand manats, Bank of Azerbaijan - 24 million 61 thousand manats, Ganja Bank - 895 thousand 554 manats, and Tekhnika Bank - 119 million 604 thousand manats. --71D--
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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