According to the results of the journalistic survey, the most transparent and private banks have become known.
In Azerbaijan, there are 37 commercial banks. Twenty-five of these were sent 46 questions, containing no trade secrets, but including the requirements for prudential reporting and related general information on activities. More than 90% of the questions were answered only by five institutions: JSC Rabitabank (100%), OJSC Turanbank (98%), OJSC Zaminbank (97%), OJSC Parabank (94%) and JSC Gunaybank (93%). The rest of the results can be found in the table below:
|
Bank |
Transparency level |
|
Rabitabank |
100% |
|
Turanbank |
98% |
|
Zaminbank |
97% |
|
Parabank |
94% |
|
Gunaybank |
93% |
|
Muganbank |
48% |
|
Kredobank |
46% |
|
Expressbank |
44% |
|
Caucasus Development Bank |
44% |
|
Accessbank |
40% |
|
ASB Bank |
40% |
|
Ziraat Bank Azerbaijan |
40% |
|
AFB Bank |
38% |
|
Pasha Bank |
38% |
|
Azer-Turk Bank |
38% |
|
Deka Bank |
38% |
|
Dеmirbank |
36% |
|
Silkway Bank |
32% |
|
Bank Melli İran-Baku |
30% |
|
Caspian Development bank |
27% |
|
Bank Avrasiya |
19% |
|
Kapital Bank |
14% |
|
Atabank |
12% |
|
Yapi Kredi Bank Azerbaijan |
12% |
|
Unibank |
2% |
|
Nikoil Bank |
0 |
|
Xalg Bank |
0 |
|
Amrahbank |
0 |
|
Texnika Bank |
0 |
|
VTB Azerbaijan |
0 |
|
Atrabank |
0 |
|
NBC Bank |
0 |
|
AG Bank |
0 |
|
Bank of Baku |
0 |
|
Bank Respublika |
0 |
|
Azerbaijan İnternational Bank |
0 |
|
Pakistan National Bank-Baku |
0 |
--17D—
Economics
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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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