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ADIF puts up for auction "Bank Standard" property
ADIF puts up for auction "Bank Standard" property
The Azerbaijan Deposit Insurance Fund (ADIF) has announced the public auction of real estate of the "Bank Standard", which is in the process of liquidation.This is reported on the ADIF's website.
The message says that the sale will take place on August 12 at the Baku Auction Center. Buyers are provided with a non-residential area of 197 square meters located at 261/B4 Ataturk Avenue, Nizami district, Ganja, as well as a non-residential building with an area of 675.5 square meters at 9 Dede Gorgud str., Zagatala city.
The property is estimated at AZN 450.000 and AZN 485.000 manats, respectively.
Finance
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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 liability for operation of real estate.
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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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