In Azerbaijan 2 more insurance agents suspended from market

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.

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.

‘Gala Insurance’ company has once again won the open tender for voluntary insurance of goods and materials of the 'Health Care Support Centre' under the Ministry of Health.This is reported on the unified Internet portal of public procurement.

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.