Azerbaijan and World Bank discuss new partnership framework
Chairman of the Central Bank of Azerbaijan Taleh Kazimov has met with a delegation of the World Bank headed by Regional Director for the South Caucasus Roland Price. This is reported by the CBA.
The report says that the meeting discussed projects and initiatives implemented in our country within the framework of cooperation with the World Bank, as well as the preparation of a new partnership framework that will contribute to the reforms carried out in Azerbaijan.
Finance
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In the first half of 2024 Azerbaijan's investment companies earned a net profit of AZN 4.4 million. This is stated in the semi-annual report on financial stability published by the Central Bank of Azerbaijan.
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In the first half of 2024, insurance and reinsurance companies of Azerbaijan gained AZN 98 million of net profit. This is stated in the semi-annual report on financial stability published by the Central Bank of Azerbaijan.
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'Embafinans', a non-bank credit institution, has released financial indices for the first half of 2024.
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Murad Suleymanov, member of the board of directors and chief financial administrator of 'Pashabank', told about the bank's future plans.
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