The Deposit Insurance Fund has paid depositors of 10 closed banks compensation totaling 406 million 839 thousand manat, the Fund said.
Depositors of OJSC Para Bank were issued 32 million 820 thousand AZN, JSC Zamin Bank - 50 million 974 thousand AZN, JSC Credo Bank - 17 million 979 thousand AZN, and JSC Deka Bank - 2 million 850 thousand manat of compensation.
Depositors of OJSC Atra Bank received 13 million 902 thousand AZN, JSC Qafqaz Inkishaf Banki - 1 million 846 thousand AZN, JSC Bank of Azerbaijan - 24 million 091 thousand AZN, JSC Ganja Bank - 969 thousand AZN, JSC Tekhnika Bank - 119 million 977 thousand AZN, JSC Bank Standard - 141 million 430 thousand AZN. ----71D
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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