Authorized capital of state fund exceeds 1 billion manats

On October 9, President Ilham Aliyev amended the Charter of the Mortgage and Credit Guarantee Fund. According to the new decree signed by the head of state, the authorized capital of the Fund has been raised by 87.7 million manats, or 8.95%, from 980.7 million manats to 1,068.4 million manats. The purpose of capital gains is to finance preferential mortgage loans. The growth will be provided by funds allocated to the Fund from the state bud...

Please login or subscribe to read more

Leave a review

Ad *

Your review *

Oxudum və razıyam Şərh göndərmə qaydaları

- Politics
- 10 October 2024 12:04
Azerbaijan proposes to convert consensus reached at COP28 into concrete solutions
- Social
- 10 October 2024 13:11
Weather on Friday

Finance

Finance
- 13 February 2025, 12:43
Azerbaijan to redeem part of domestic public debt ahead of schedule
Auction on early redemption of government bonds with codes AZ0201040208, AZ0201040240, AZ0201040265 and AZ0201040323 ISIN, placed by the Ministry of Finance, will be held at the Baku Stock Exchange on 25 February. This was reported by the Ministry.

Read more
Finance
- 13 February 2025, 11:53
Azerbaijan approves ‘Rules on Operational Risk Management in Banks’
The Central Bank of Azerbaijan (CBA) has approved ‘Rules of Operational Risk Management in Banks’ developed on the basis of progressive international experience and standards.This is reported on the CBA website.

Read more
Finance
- 13 February 2025, 11:22
Azerbaijan increases social insurance receipts by nearly 12%
In January 2025, contributions to compulsory state social insurance in Azerbaijan totalled AZN 443.4 million. This was reported by the State Tax Service under the Ministry of Economy.

Read more
Finance
- 13 February 2025, 11:07
Azerbaijan's revenues from export of insurance services decline by more than 23%
In 2024, insurance companies in Azerbaijan concluded 50,207 contracts of ‘Green Card’ for a total amount of AZN 7.2 million.This was reported by the Mandatory Insurance Bureau (BIB).

Read more