Azerbaijani banks to establish committee on corporate management
Finance
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The Accounting Chamber has published a report on the results of its activities in the first half of 2024. The document is posted on the Chamber's website.
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In 2023, an interest in the amount of AZN 16.5 million ($9.7 million) was accrued on deposits of the State Oil Fund (SOFAR) by the Central Bank of Turkey (CBT).This is stated in the financial statements of the Fund, which had been audited at the end of the last year.
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Receipts to the state budget from non-oil and gas sector for the first half of 2024 amounted to AZN 10,045.1 million. This is reported by the Ministry of Finance.
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The Central Bank of Azerbaijan has restored in force the licences issued to 15 physical entities for the activity as insurance agents. This is reported on the CBA website.
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