Azerbaijan reduces current account surplus by 3 times

The State Oil Fund (SOFAR) has invested US$ 100 million in an educational network in the United Arab Emirates (UAE). This is reported by the SOFAR.

It has been 25 years since the beginning of the partnership between Azerbaijan and the Asian Development Bank (ADB). According to the Ministry of Finance, on this occasion, the president of the bank Masatsugu Asakawa visited our country.

The auction for placement of interest-bearing, unsecured, undocumented, registered bonds (the next batch) of "Kapitalbank" with the code AZ2011005157 ISIN in the amount of 50 million manats and circulation period of 1 year has ended at the Baku Stock Exchange (BSE). This is reported by the BSE.

As of the end of May2024, Azerbaijani banks had assets worth AZN 49,147.5 million. This is stated in the banking review published by the Central Bank of Azerbaijan.