Baku / 12.09.17 / Turan: Azerbaijan"s Deposit Insurance Fund has paid compensation of 747.888 million manat to depositors of 11 bankrupt banks. The specification is as follows: Bank Standard - AZN 437 million 689 thousand (99.2% of the total amount of insured deposits, with AZN 3 million 465 thousand remaining unpaid), United Credit Bank - AZN 1 million 837 thousand (87.5%, AZN 262,448 remaining unpaid), Bank of Azerbaijan - AZN 24 million 191 thousand (97%), Gandja Bank - AZN 976,441 (94%), Tekhnika Bank - AZN 120 million 408 thousand (98.2%), Para Bank - AZN 43 million 222 thousand (98.5%), Zamin Bank - AZN 72 million 196 thousand (99.3%), Credo Bank - AZN 27 million 914 thousand (99.6%), Deka Bank - AZN 3 million 88 thousand (98.8%), Atra Bank - AZN 14 million 352 thousand (98.2%), and Gafgaz Inkishaf Bank - AZN 2 million 4 thousand (95.9%). -71D-
Finance
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The Central Bank of Azerbaijan (CBA) has issued mandatory instructions to 'Cibpay', 'PulPal' and 'MAX Sistemleri Plus' in accordance with the Law on 'Payment Services and Payment Systems'.This is reported on the Central Bank's website.
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Branches and outlets of banks of Azerbaijan, as well as branches of 'Azərpoçt’ company of the Ministry of Digital Development and Transport and currency exchange offices will work on non-working days from 30 December to 5 January.This was reported in the Central Bank of Azerbaijan.
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Investment company 'ABB-Invest', a subsidiary of state-owned International Bank of Azerbaijan, has purchased state bonds of Turkey.This was announced by chairman of the board of the National Depository Centre (NDC) Agahuseyn Khudaverdiyev on December 28.
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In January-November 2024, Azerbaijani banks concluded 3,365 deals in national currency for AZN 94.4 billion on 'Bloomberg' platform.
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