The State Deposit Insurance Fund of Azerbaijan has paid AZN 206 million of compensation to the depositors of nine closed banks, the Fund said.
According to the report by the Fund, from 1 to 23 August the depositors of Deka Bank, Credo Bank, Para Bank and Zamin Bank were paid a total of 2.4 million AZN.
The payment of compensation to the depositors of Qafqaz Inkishaf Banki and Atra Bank started on 22 August. As of August 23 the depositors of Qafqaz Inkishaf Banki were paid 140 thousand AZN, and the investors of Atra Bank were paid 317.4 manats.
The depositors of Bank of Azerbaijan were paid 24,052 manats, the depositors of Ganja Bank were paid 895,500 AZN, and those of Tekhnika Bank were paid 119.5 million AZN. -----75D
Economics
-
The construction sector is undergoing significant reforms that are reshaping urban landscapes, driving economic growth, and creating jobs, said Namik Gummatov, First Deputy Chairman of the State Committee for Urban Planning and Architecture.
-
Starting today, manufacturers and sellers of food and agricultural products can submit offers on the website tedaruk.az, aligning with public procurement requirements for 2025. The submission window will remain open until September 1.
-
Recent reports and interviews indicate a noticeable rise in tomato prices in Azerbaijan over the past few months, primarily driven by market monopolies rather than external factors such as fuel costs or weather conditions.
-
Azerbaijan's agricultural sector produced goods worth 6 billion 19 million manats in the first half of 2024, a 0.3% increase compared to the same period last year, according to a report by the State Statistics Committee (SCC). The report highlights a mixed performance across various agricultural segments, with livestock production seeing gains and crop production experiencing a decline.
Leave a review