Azerbaijan’s Capital Bank as of July 30 this year, issued on deposits of the former Soviet Union Savings Bank, in 263,215 lump-sum compensations to investors for a total amount of 147.132 million manat.
As chairman of the bank, Elmar Mamedov said, they generally received 449,069 calls, of which 393,016 were sent to the Center of the items of the bank to issue individual investors one-time payments.
The process of issuing a one-time compensation started June 1 and will end December 31, 2013. - 15D -
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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