Funds of Azerbaijani banks in Central Bank grew by 16%
Finance
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The Central Bank of Azerbaijan has cancelled licences of insurance agents for 2 legal entities (‘AZPRO Consulting’ and ‘Davood’) and 8 physical entities.This is reported on the CBA website.
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State-owned 'International Bank of Azerbaijan' (IBA) has announced about issue of AZN 100 million bonds.
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The Mortgage and Credit Guarantee Fund is holding an open tender for compulsory 3-year insurance of employees against loss of professional capacity as a result of accidents at work and occupational diseases.This is reported on a single Internet portal of public procurement.
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'Xalqbank' increased its authorized capital by 13.9 %, or AZN 50.82 million, from AZN 364.77 million to AZN 415.6 million.
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