2 insurance brokers returned to market in Azerbaijan

Vusal Gurbanov, director of the insurance supervision department of the Central Bank of Azerbaijan; Anar Mansurov, director of the financial management department; Elrad Seydiyev, director of the financial markets operations department and Tarlan Rasulov, director of the currency reserves management department have been appointed as general directors.

Baku, February 6, 2025 – Bank Respublika, which pays special attention to the development of education in our country, has signed a memorandum of cooperation with one of the leading higher education institutions in Azerbaijan, Baku Higher Oil School (BHOS).

The Central Bank of Azerbaijan has imposed administrative penalties on officials of 'Paşabank' and 'Yapıkredibank Azerbaycan'.This is reported on the website of the CBA.

In January 2025, the total turnover of 12 investment companies-members of the Baku Stock Exchange (BSE) was about AZN 12.9 billion. This is reported by the BSE.