Finance
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The Central Bank of Azerbaijan (CBA) has approved ‘requirements for network channels used between payment service providers in rendering payment transaction intermediation services and account information service’. This is reported on the website of the structure.
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Azerbaijani banks have bought currency worth $7,169.1 million at auctions held jointly by the Central Bank and the State Oil Fund in 2024.This was reported by the Central Bank.
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The Central Bank of Azerbaijan has cancelled licences of insurance agents issued to 2 more physical entities.This is reported on the website of the regulator.
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As of the end of november 2024, the Azerbaijani banks had assets worth AZN 50,164.6 million.This is stated in the banking review published by the Central Bank of Azerbaijan.
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