Azerbaijan's credit unions reduce assets by 4%.
Finance
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The "Azerbaijan Deposit Insurance Fund" (ADIF) has warned depositors of "Günaybank", which is in the process of liquidation.
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So far more than 20 companies providing payment services have applied for a licence to the Central Bank of Azerbaijan (CBA).
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Total cost of Internet and mobile banking operations in Azerbaijan in the first quarter of 2024 amounted to 59 billion manats and 15 billion manats, respectively.
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The next Financial Technology Summit (‘Fintex Summit-2024’) organised by the Association of Banks of Azerbaijan has started its work in Baku today.
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