Investors of the ten closed banks have received in compensation 680 million 760 thousand manat, said the Deposit Insurance Fund.
According to Turan, a little over half of that amount accounted for the depositors of Bank Standard - 394 million 613 thousand manat. Note that offset deposits in this bank are 460 million manat.
The depositors of OJSC Para Bank were issued 42 million 756 thousand, JSC Zamin Bank - 52 million 242 thousand, JSC Credo Bank - 26 million 925 thousand, JSC Deka Bank - 3 million 016 thousand, OJSC Atra Bank - 14 million 179 thousand, JSC Qafqaz Inkisaf Bank - 1 million 880 thousand, JSC Bank of Azerbaijan - 24 million 117 thousand, JSC Ganja Bank – 969,000, JSC Tekhnika Bank - 120 million 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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