State Deposit Insurance Fund Pays More than AZN 232 Million as Compensation to Depositors of Nine Closed Banks
The State Deposit Insurance Fund has paid 232 million 345 thousand AZN as compensation to the depositors of nine closed banks, the State Fund said.
The depositors of Para Bank received 21 million 211 thousand manats, Zamin Bank - 37 million 168 thousand manats, Credo Bank - 15 million 931 thousand manats, Deka Bank - 2 million 659 thousand mantas, Atra Bank - 9 million 371 thousand manats, Gafgaz Inkishaf Banki - 1 million 419 thousand manats, Bank of Azerbaijan - 24 million 61 thousand manats, Ganja Bank - 895 thousand 554 manats, and Tekhnika Bank - 119 million 630 thousand manats. -----77D
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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