Azerbaijani banks raise their deposit portfolio by 7%
Azerbaijani banks raise their deposit portfolio by 7%
As of the end of February 2024, the Azerbaijani banks had a deposit portfolio worth 34,959.3 million manats.
This is stated in the banking review published by the Central Bank of Azerbaijan.
According to the document, this is down by 0.1% from the end of January.
However, the banks' deposit portfolio grew by 1.2% as compared to the end of the last year and by 7.4% over the past year.
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- 4 April 2024 11:36
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- Finance
- 4 April 2024 12:12
Finance
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The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure.
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If 2 years ago a share of local revenues in the budget of the Nakhchivan Autonomous Republic was 20-25%, by this year's end a share of local revenues will exceed 50%.
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The Central Bank of Azerbaijan (CBA) has given binding instructions to 'Azsığorta', 'Atəşgah Insurance', 'İpək Yolu Insurance', 'Xalq Həyat Insurance', 'Aqrar Insurance' and 'AzRe Təkrarsığorta'. This is reported on the CBA website.
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The NBCO 'Para will hold a regular general meeting of shareholders on 4 February at 11:00.
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