The Deposit Insurance Fund as of October 11, 2016 issued compensation in the amount of AZN 272,577,000 to the depositors of ten closed banks.
The depositors of OJSC Para Bank were issued 32 million 802 thousand, JSC Zamin Bank - 50 million 853 thousand, JSC Credo Bank - 17 million 184 thousand, JSC Deka Bank - 2 million 836 thousand AZN as compensation.
The depositors of Atra Bank received 13 million 830 thousand, JSC Gafgaz Inkishaf Bank - 1 million 816 thousand, JSC Bank of Azerbaijan - 24 million 091 thousand, JSC Ganja Bank – 955,721, and JSC Tekhnika Bank - 119 million 974 thousand, JSC Bank Standard - 8 million 230 thousand manats of compensation. -----71D
Economics
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The Central Bank of the Republic of Azerbaijan aims to enact green bond legislation by year-end, Chairman Taleh Kazimov announced on Thursday during a roundtable discussion at Baku Climate Action Week focused on personal finance.
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Azerbaijani President Ilham Aliyev inaugurated several new enterprises and toured ongoing construction projects in the Zangilan district on Thursday, marking significant strides in the region’s post-occupation recovery.
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Azerbaijani President Ilham Aliyev on Thursday inaugurated several new enterprises and inspected ongoing construction projects in the Jabrayil district, recently liberated from occupation.
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President of Azerbaijan Ilham Aliyev has signed a decree approving a revised structure for auxiliary structural units within the country's state bodies, aiming to enhance administrative efficiency and optimize governmental functions.
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