The depositors of 10 closed banks have been compensated 717 million 823 thousand manat from Deposit Insurance Fund. The specification is as follows: Para Bank – AZN 42 million 907 thousand (98% of the total amount of compensation), Zamin Bank – AZN 52 million 382 thousand (72%), Credo Bank – AZN 27 million 764 thousand (98%), Deka Bank – AZN 3 million 021 thousand (96%) manat, Atra Bank – AZN 14 million 261 thousand (97%), Gafgaz Inkishaf Bank – AZN 1 million 943 thousand (92%), Bank of Azerbaijan – AZN 24 million 148 thousand (97%), Ganja Bank – AZN 975 thousand (94%), Tekhnika Bank – AZN 120 million 050 thousand (98%), and Bank Standard – AZN 430 million 372 thousand (97%). -----71D
Economics
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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Croatian Prime Minister Andrej Plenković announced enhanced efforts by Croatia to protect the Adriatic Sea and advance renewable energy projects during his address at the COP29 summit in Baku on Wednesday.
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Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
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Greek Prime Minister Kyriakos Mitsotakis on Wednesday urged European leaders to pursue a "smart green deal" at the COP29 summit in Baku, advocating for a balanced approach to the energy transition that takes into account both environmental and economic realities.
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