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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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.
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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.
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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.
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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).
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