Deposit Insurance Fund started issuing uninsured deposits of two closed banks, Para Bank and Deka Bank.
The investors can get a piece of uninsured deposits up to 10,000 manat.
Issuance of larger deposits will begin in the near future.
It should be noted that, as of December 7, the Fund had returned 42 million 902 thousand manat of insured deposits in Para Bank (98% of the insured deposits in the bank) and 3 million 21 thousand manat of deposits in Deka Bank (96% of the insured deposits in the bank). ----71D
Economics
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
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