‘Pasha Insurance’ company to serve Institute of Information Technology

Chairman of the Central Bank of Azerbaijan Taleh Kazimov held a regular meeting with senior executives of the banks that are members of the expanded presidium of the ‘Association of Banks of Azerbaijan’. This was reported by the CBA chairman.

Executive director of the State Oil Fund (SOFAZ) Israfil Mammadov has been elected deputy chairman of the board of the International Sovereign Fund Forum.This is reported by the Fund.

The Central Bank of Azerbaijan has fined three officials of non-banking credit organisations. This is reported on the CBA website.

'Pashabank's subsidiary in Georgia ('Pashabank Georgia') has released its financial results for January-September 2024. For 9 months the subsidiary bank made a profit of $6.2 million, or AZN 3.8 million (the same period of the last year the bank finished with a loss of GEL 1.1 million, or AZN 0.7 million).