Azerbaijan's credit unions reduce their balance sheet capital by 7%

As of the end of September 2024, credit unions in Azerbaijan had a balance sheet capital of AZN 9.4 million. This is stated in the credit union review published by the Central Bank of Azerbaijan. According to the document, this is up by 3.3% from the end of June. However, the balance sheet capital of credit unions declined by 1.05% as compared to the end of the last year and by 6.9% over the past year. Note that the financial indices of...

Please login or subscribe to read more

Leave a review

Ad *

Your review *

Oxudum və razıyam Şərh göndərmə qaydaları

- Economics
- 31 October 2024 11:24
SOCAR Polymer Increases Propylene Exports by 65% Amid Decline in Polypropylene Shipments
- In World
- 31 October 2024 11:32
Hezbollah chief says group will hold out in its war with Israel for 'suitable' cease-fire terms

Finance

Finance
- 13 February 2025, 12:43
Azerbaijan to redeem part of domestic public debt ahead of schedule
Auction on early redemption of government bonds with codes AZ0201040208, AZ0201040240, AZ0201040265 and AZ0201040323 ISIN, placed by the Ministry of Finance, will be held at the Baku Stock Exchange on 25 February. This was reported by the Ministry.

Read more
Finance
- 13 February 2025, 11:53
Azerbaijan approves ‘Rules on Operational Risk Management in Banks’
The Central Bank of Azerbaijan (CBA) has approved ‘Rules of Operational Risk Management in Banks’ developed on the basis of progressive international experience and standards.This is reported on the CBA website.

Read more
Finance
- 13 February 2025, 11:22
Azerbaijan increases social insurance receipts by nearly 12%
In January 2025, contributions to compulsory state social insurance in Azerbaijan totalled AZN 443.4 million. This was reported by the State Tax Service under the Ministry of Economy.

Read more
Finance
- 13 February 2025, 11:07
Azerbaijan's revenues from export of insurance services decline by more than 23%
In 2024, insurance companies in Azerbaijan concluded 50,207 contracts of ‘Green Card’ for a total amount of AZN 7.2 million.This was reported by the Mandatory Insurance Bureau (BIB).

Read more