"Legion Financial" prepares for next capital increase

The Central Bank of Azerbaijan (CBA) has brought to administrative responsibility officials of 2 banks, 5 non-bank credit organizations (NBCOs) and 2 companies providing currency exchange services (“Exchange"). This is reported on the website of the regulatory body.

As of the end of June 2024, Azerbaijan's domestic public debt totalled AZN 16,571.9 million, of which AZN 7,280.7 million were government securities in circulation and AZN 9,291.2 million state guaranteed obligations assumed by the government. This was reported by the Ministry of Finance.

AZN 2.65 million of insurance premiums for insurance against incurable diseases were collected in Azerbaijan in January-July 2024.

As of the end of July 2024 the Azerbaijani banks had a balance sheet capital of AZN 6,215 million. This is stated in the banking review published by the Central Bank of Azerbaijan.