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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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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