Depositors of 10 closed banks were compensated 726 million 643 thousand manat, the Deposit Insurance Fund said.
Depositors of OJSC Para Bank were issued 43 million 199 thousand (98.5% of the total compensation), OJSC Zamin Bank - 54 million 504 thousand (76%), OJSC Credo Bank - 27 million 771 thousand (99.9%), and OJSC Deka Bank - 3 million 087 thousand (98.7%) manat of compensation.
Depositors of OJSC Atra Bank received 14 million 280 thousand (98.1%), OJSC Qafqaz Inkisaf Bank - 1 million 974 thousand (94.4%), OJSC Bank of Azerbaijan - 24 million 161 thousand (97%), OJSC Ganja Bank - 976,440 manat (94%), and OJSC Tekhnika Bank - 120 million 433 thousand manat (98.2%) of compensation. Depositors of Bank Standard were paid 436 million 258 thousand (99%) manat. -----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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