Finance
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The Accounting Chamber has revealed shortcomings in the Baku State University and the Azerbaijan State Academy of Physical Culture and Sport.
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In 2023, the salary costs of employees of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 9.8 million manats. This is stated in the financial statements of the Fund, which were audited at the end...
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Azerbaijan's justified state budget expenditures totalled AZN 4,948 million in the first half of 2024.
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As of the end of June 2024, credit unions in Azerbaijan had a balance sheet capital of AZN 9.1 million. This is stated in the credit union review published by the Central Bank of Azerbaijan.
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As of the end of June 2024, non-bank credit organizations of Azerbaijan (NBCOs) had a balance sheet capital of 374.1 million manats. This is stated in the NBCO review published by the Central Bank of...
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As of the end of June 2024, Azerbaijani banks had a balance sheet capital of 6,241.8 million manats. This is stated in the banking review published by the Central Bank of Azerbaijan.
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The Central Bank of Azerbaijan has appealed to creditors of "Naxçıvanbank" whose licence was cancelled.
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In the first half of 2024, the Accounting Chamber revealed financial violations worth AZN 91 million. This is stated in the report on the half-year activity of the Chamber.
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Current expenditures of the state budget of Azerbaijan for the first half of 2024 amounted to AZN 9,833.8 million. This was reported by the Ministry of Finance.
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“Paşa Sığorta” company has won the open tender for voluntary and compulsory insurance of real estate belonging to the Mortgage and Credit Guarantee Fund, as well as for compulsory insurance of civil l...
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As of the end of June 2024, Azerbaijan's credit unions had obligations in the amount of 3.3 million manats. This is stated in the review of the credit union published by the Central Bank of Azerbaijan...
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As of the end of June 2024, non-bank credit organizations of Azerbaijan (NBCOs) had obligations in the amount of 479.9 million manats.
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By the decision of the Board of the Central Bank of Azerbaijan (CBA) on the basis of "Naxçıvanbank"s application its licence was cancelled and the non-bank credit organization "E-Kredit", established...
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As of the end of June 2024 the Azerbaijani banks had liabilities worth AZN 44,086.3 million.
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The bank announced this in the newspaper "Taxes" of the State Tax Service under the Ministry of Economy.