Açiq mənbələrdən foto.
April 28 Considered Day of Insured Event in Four Closed Banks - Deposit Insurance Fund
Baku / 06.07.20 / Turan: One of the depositors of the closed NBC bank complained about the incorrect calculation of interest on deposits when compensating insured deposits.
Azad Mahmudov, who contacted Turan in his complaint, indicated that interest on deposits was calculated before April 18, while he said that it should be calculated from the day the judgment comes into force, which dates back to June 14.
“The difference is 2 months. Many customers complain about this,” he wrote in his complaint.
The press service of the Deposit Insurance Fund, which was appointed a liquidator for the closed banks, said they were guided by a letter from the Central Bank.
“The Central Bank has determined the insured event for all four banks since April 28. On this day, the Central Bank sent a letter to the Deposit Insurance Fund. On April 28, the Central Bank revoked the Atabank and Amrahbank licenses, and on May 12, those of NBC and AGBank. We cannot determine the day of the insured event ourselves. The Central Bank decides this as a financial regulator,” the Fund’s press service said. –71D-
Finance
-
The Unemployment Insurance Fund (UIF) under the Ministry of Labor and Social Protection of the Population does not provide information about its investment activities, the conclusion of the Chamber of Accounts on the draft budget law for the Fund for 2025. According to the document, the draft budget does not include any indicators related to the Fund's investments or income from such activities.
-
As of the end of 2023, investments of the State Social Protection Fund (SSPF) under the Ministry of Labor and Social Protection of the Population amounted to 2,515.3 million manats, the conclusion of the Chamber of Accounts on the draft budget law for the Fund for 2025.
-
In Azerbaijan, approximately 6.5 billion manats will be allocated from the state budget for 2025 to implement the "Social and Economic Development Strategy for 2022-2026", the conclusion of the Chamber of Accounts on the draft law "On the State Budget for 2025." According to the document, this amount represents a 17.2% increase compared to the approved forecast for 2024.
-
The Central Bank of Azerbaijan has reinstated the license for an insurance agent issued to an individual, Nabiyev Sabukhi Zakirovich, the regulator's official website reported. The announcement states that the decision was made on November 19 in accordance with the Law on Insurance Activity. The reason for the reinstatement is that the insurance broker has addressed the issues that led to the suspension of the license. Currently, there are 426 individuals and 57 legal entities holding insurance agent licenses in Azerbaijan.
Leave a review