Investors of the closed 10 banks have received in the form of compensation a total of 706 million 765 thousand manat, the Deposit Insurance Fund said.
The total indemnity included the following indexes, according to banks: Para Bank – AZN 42 million 852 thousand, Zamin Bank – AZN 52 million 267 thousand, Credo Bank - 27 million 005 thousand, Deka Bank - 3 million 021 thousand, Atra Bank – AZN 14 million 217 thousand, Qafqaz Inkisaf Bank – AZN 1 million 926 thousand, Bank of Azerbaijan – AZN 24 million 147 thousand, Ganja Bank – AZN 975 thousand, Tekhnika Bank – AZN 120 million 81 thousand, and Bank Standard – AZN 420 million 272 thousand. -----71D
Economics
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A high-level event titled “Trio of COP Presidencies Dialogue: Roadmap for Mission 1.5 towards a Future of Shared Prosperity” was held within the framework of the 29th session of the United Nations Climate Change Conference (COP29).
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The State Oil Company of the Azerbaijan Republic (SOCAR) and Slovakia's largest gas operator, Slovenský Plynárenský Priemysel (SPP), have signed a short-term pilot contract for the supply of natural gas, according to sources in Slovakia.
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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