The Deposit Insurance Fund has compensated depositors of 10 closed banks 590 million 131 thousand manat, the Fund stated.
Depositors of OJSC Para Bank have been issued 32 million 883 thousand, JSC Zamin Bank - 51 million 022 thousand, JSC Credo Bank - 23 million 075 thousand, and JSC Deka Bank - 2 million 858 thousand manat.
Depositors of OJSC Atra Bank have received 14 million 110 thousand, JSC Qafqaz Inkishaf Banki - 1 million 876 thousand, JSC Bank of Azerbaijan - 24 million 091 thousand, JSC Ganja Bank - 969 thousand, JSC Tekhnika Bank - 119 million 978 thousand, JSC Bank Standard - 319 million 269 thousand AZN 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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