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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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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