The Deposit Guarantee Fund has compensated depositors of 10 closed banks 711 million 557 thousand manat. The compensation was as follows: Para Bank – AZN 42 million 868 thousand (98% of the total amount of compensation), Zamin Bank – AZN 52 million 334 thousand (72%), Credo Bank – AZN 27 million 192 thousand (97%), Deka Bank – AZN 3 million 021 thousand (96%), Atra Bank – AZN 14 million 218 thousand (97%), Qafqaz Inkisaf Bank – AZN 1 million 928 thousand (92%), Bank of Azerbaijan – AZN 24 million 147 thousand (97%) Ganja Bank – AZN 975 thousand (94%), OJSC Tekhnika Bank – AZN 120 million 81 thousand (98%), and Bank Standard – AZN 424 million 791 thousand (96%). ==-=====71D
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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