CBA fines officials of 'Pashabank' and 'Yapıkredibank'

Vusal Gurbanov, director of the insurance supervision department of the Central Bank of Azerbaijan; Anar Mansurov, director of the financial management department; Elrad Seydiyev, director of the financial markets operations department and Tarlan Rasulov, director of the currency reserves management department have been appointed as general directors.

Baku, February 6, 2025 – Bank Respublika, which pays special attention to the development of education in our country, has signed a memorandum of cooperation with one of the leading higher education institutions in Azerbaijan, Baku Higher Oil School (BHOS).

In January 2025, the total turnover of 12 investment companies-members of the Baku Stock Exchange (BSE) was about AZN 12.9 billion. This is reported by the BSE.

The Central Bank of Azerbaijan (CBA) has restored in force the licences of insurance broker issued to 1 physical entity and insurance agent issued to 1 physical entity.