Baku / 19.09.2016 / Turan: The depositors of nine closed banks as a whole have been paid 257 million 178 thousand AZN as compensation, the Deposit Insurance Fund said.
Depositors of OJSC Para Bank were paid 32 million 249 thousand, JSC Zaminbank - 46 million 732 thousand, OJSC Credo Bank - 16 million 852 thousand, and JSC Deka Bank - 2 million 763 thousand AZN.
In addition, investors of JSC Atra Bank received 12 million 176 thousand, JSC Gafgaz Inkishaf Banki - 1 million 527 thousand, JSC Bank of Azerbaijan - 24 million 91 thousand, Ganja Bank – 925,721, and JSC Tekhnikabank - 119 million 770 thousand AZN as compensation. -----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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