In the first half of 2014, bank deposits amounted to 6 billion 720.8 million manat, which is 64.5 million more than the record level in April.
According to the Central Bank of Azerbaijan, as of June 1, this segment was filled with 6 billion 643 million manat. Recall non-residents removed about 100 million manat from their accounts in local banks in May, which was reflected in the position. The reason was the excitement about the failure to return deposits to the customers of bankrupt Royal Bank and paralysis of the activities of the Bank of Azerbaijan.
By January 1 the deposit accounts of the population were 6,395.8 million manat, and by January 1 last year – 5,113.4 million manat. - 17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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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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