Azerbaijan's banks reduce liquid assets by more than 10%
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- Finance
- 2 October 2024 10:31
Finance
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”Diadem" JSC (construction company) announced the issue of shares in the amount of 0.1 million manats.
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The Central Bank of Azerbaijan (CBA) is conducting a quotation survey for voluntary (CASCO) insurance of vehicles. This is reported on the unified internet portal of public procurement.
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Although for the last 2 years in Azerbaijan 4 insurance companies (‘Azsigorta’, ‘İpək Yolu Insurance’, ‘A-Qrup Insurance’ and ‘Bakı Insurance’) voluntarily left the market of compulsory insurance of civil liability of owners of motor vehicles, the Central Bank of Azerbaijan (CBA) is not worried about it.
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As of the end of September 2024, the Central Bank of Azerbaijan had foreign exchange reserves in the amount of $ 11,795.8 million. This is reported on the structure's website.
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