Finance
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The Central Bank of Azerbaijan (CBA) has brought to administrative responsibility officials of 2 banks, 5 non-bank credit organizations (NBCOs) and 2 companies providing currency exchange services (“Exchange"). This is reported on the website of the regulatory body.
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"Legion Financial" JSC (provides leasing services) has announced another issue of shares worth AZN 1 million.
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AZN 2.65 million of insurance premiums for insurance against incurable diseases were collected in Azerbaijan in January-July 2024.
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As of the end of July 2024 the Azerbaijani banks had a balance sheet capital of AZN 6,215 million. This is stated in the banking review published by the Central Bank of Azerbaijan.
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