Investors of Nine Private Banks of Azerbaijan Receive 212 Million AZN as Compensation
The depositors of nine closed banks have received compensation in the amount of 212 million manats, said the report of the State Deposit Insurance Fund of Azerbaijan..
The depositors of Para Bank were paid 20.3 million AZN, those of Zamin Bank were paid 34.1 million AZN, those of Credo Bank were paid 9.8 million AZN, and those of Deka Bank were paid 2.4 million AZN.
The depositors of Atra Bank received 1.2 million AZN, those of Qafqaz Inkishaf Banki received 629,000 AZN, those of Bank of Azerbaijan received 24 million AZN, those of Ganja Bank received 895,500 AZN, and those of Tekhnika Bank received 119.5 million AZN. -------73D
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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