The number of licensed bank branches in the Absheron economic region in 2012 decreased by 12 to 365. At the same time, he retained the status of the dosed with banking offices in the region of the country. It accounts for 55.7% of the total number of branches.
According to the Central Bank of Azerbaijan (CBA) in the reported period increased branches in three of the 10 economic regions of the country, in five areas of this figure has not changed, and two declined.
In descending order of density of bank branches Absheron was followed by the Aran economic region - 92 (+1 YTD), Ganja-Gazakh economic region - 66 (0), Guba-Khachmaz economic region - 37 (+1), Lankaran economic region - 36 (-2), Sheki-Zagatala economic region - 29 (0), Nagorno-Shirvan economic region - 15 (+1), Nakhchivan economic region - 11 (0), Upper-Karabakh economic area - 4 (0). There are no bank branches in the Kalbadzhar-Lachin economic region.
Its subsidiaries as of January 1, 2013 had 39 of the 43 licensed banks. During the reporting period, the total number of bank branches has decreased by 11 units to 655-ti.
In Baku and regions of Azerbaijan on the banks balance sheet date, there were 158 units (-3 to the beginning of the year). - 15B -
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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