Mortgage and Credit Guarantee Fund reduces bank deposits by 7 times

As of the end of 2023, the Mortgage and Credit Guarantee Fund had deposits in Azerbaijani banks in the amount of 4.6 million manats. This is reported in the annual management report of the Fund. According to the document, this is down by 6.8 times from the end of 2022. As of the beginning of this year, the Fund's bank deposits amounted to 0.2% of its assets, which is 1.1 percentage points less than at the beginning of the last year....

Please login or subscribe to read more

Leave a review

Ad *

Your review *

Oxudum və razıyam Şərh göndərmə qaydaları

- Finance
- 22 August 2024 11:12
Rise in insurance market of Azerbaijan falls below 10%
- Politics
- 22 August 2024 11:29
Young political scientist Bahruz Samedov detained

Finance

Finance
- 13 February 2025, 12:43
Azerbaijan to redeem part of domestic public debt ahead of schedule
Auction on early redemption of government bonds with codes AZ0201040208, AZ0201040240, AZ0201040265 and AZ0201040323 ISIN, placed by the Ministry of Finance, will be held at the Baku Stock Exchange on 25 February. This was reported by the Ministry.

Read more
Finance
- 13 February 2025, 11:53
Azerbaijan approves ‘Rules on Operational Risk Management in Banks’
The Central Bank of Azerbaijan (CBA) has approved ‘Rules of Operational Risk Management in Banks’ developed on the basis of progressive international experience and standards.This is reported on the CBA website.

Read more
Finance
- 13 February 2025, 11:22
Azerbaijan increases social insurance receipts by nearly 12%
In January 2025, contributions to compulsory state social insurance in Azerbaijan totalled AZN 443.4 million. This was reported by the State Tax Service under the Ministry of Economy.

Read more
Finance
- 13 February 2025, 11:07
Azerbaijan's revenues from export of insurance services decline by more than 23%
In 2024, insurance companies in Azerbaijan concluded 50,207 contracts of ‘Green Card’ for a total amount of AZN 7.2 million.This was reported by the Mandatory Insurance Bureau (BIB).

Read more