CBA takes measures against ‘Xalq Insurance’ company official
The Central Bank of Azerbaijan has fined an official of ‘Xalq Insurance’ company in the amount 300 manats. This is reported on the CBA website.
The report says that within the framework of current control processes carried out by the organisation a violation of requirements of Article 78 of the Law ‘On Insurance Activities’ was revealed. Therefore, in accordance with Article 462.1 of the CAO, measures were taken against the employee of the insurance company.
Finance
-
'Pashabank's subsidiary in Turkey (‘Pasha Yatırım Bankası’) has released its financial results for January-September 2024.
-
In January-October 2024, the State Oil Fund (SOFAZ) sold foreign currency worth $5,919.4 million. This was reported by the Fund.
-
According to the updated October forecasts of the Central Bank of Azerbaijan (CBA), annual inflation in the country will be 5.1% by the end of 2024 and 5.8% by the end of 2025. The CBA reported.
-
According to updated forecasts, the current account surplus in Azerbaijan will be $5.3 billion by the end of this year and $5.5 billion by the end of the next year. This was reported by the Central Bank of Azerbaijan.
Leave a review