ASB Bank Reduces Assets and Liabilities

Chairman of the Central Bank of Azerbaijan (CBA) Taleh Kazimov has held a meeting with heads of the Association of Stock Market Participants of Azerbaijan, Baku Stock Exchange, National Depository Centre and investment companies.

The Azerbaijan Deposit Insurance Fund (ADIF) has paid a total of AZN 1,717.5 million or $1,010.3 million in compensation to 62,520 depositors of 19 banks in the process of liquidation over the period of its operation from 2006 to 2024.This is reported by the ADIF.

A working visit to London of the expert groups operating under the Association of Banks of Azerbaijan (ABA) within the framework of co-operation with the British Embassy in Azerbaijan has taken place. This was reported by ABA.

The Central Bank of Azerbaijan (CBA) does not hold auctions of notes since November 2024, i.e. for 3 months. This is evidenced by operational indicators published by the Baku Stock Exchange (BSE).