Finance
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The Central Bank of Azerbaijan (CBA) has issued a mandatory order to “Xəmsə Sığorta və Təkrarsığorta Brokeri”.
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‘The Azerbaijan Banks Association (ABA) has come up with an initiative to create a separate ‘Green Fund’ to support ‘green finance’ in the country or transfer this function to one of the existing funds.
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Remote trading of new shares placed by state-owned International Bank of Azerbaijan (IBA) last month on the secondary market has started. This is reported by the Baku Stock Exchange (BSE).
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Investments of the State Oil Fund (SOFAZ) in the Italian capital market amount to about $2.3 billion.
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