Baku / 04.10.17 / Turan: The number of branches of banks operating in Azerbaijan as of August 31 was 560, according to the report of the Financial Markets Supervision Authority of Azerbaijan. This is 9 branches less compared to the beginning of 2017.
The number of branches increased from 131 to 142, and ATMs - from 2,461 to 2,495 units.
The number of bank employees since the beginning of the year decreased by 780 people, from 16,947 to 16,167. -----71D
Finance
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The Accounting Chamber has revealed shortcomings in the Baku State University and the Azerbaijan State Academy of Physical Culture and Sport.
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In 2023, the salary costs of employees of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 9.8 million manats. This is stated in the financial statements of the Fund, which were audited at the end of the last year.
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Azerbaijan's justified state budget expenditures totalled AZN 4,948 million in the first half of 2024.
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As of the end of June 2024, credit unions in Azerbaijan had a balance sheet capital of AZN 9.1 million. This is stated in the credit union review published by the Central Bank of Azerbaijan.
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