CB suspends activities of cash office for public services

The Energy Regulatory Agency under the Ministry of Energy is holding an open tender for voluntary insurance of motor vehicles on the balance sheet. This is reported on a unified Internet portal of public procurement.

The Central Bank of Azerbaijan has brought to administrative responsibility the joint-stock companies "Prior Leasing" engaged in leasing activities and "Credit House" engaged in pawnbroking activities, as well as their officials.This is reported on the CBA website.

As a result of regulatory incentives introduced by the Central Bank of Azerbaijan (CBA), lending for electric and hybrid passenger cars by banks has grown 8 times and 6.5 times in quantitative terms respectively over the last 18 months since 2022. This is reported on the CBA website.

The Central Bank of Azerbaijan (CBA) has issued a licence to "Multi Solutions" for the right to carry out activities of a payment organisation. This is reported on the CBA website.