Problem Loans Remain Sensitive Link in Stability of Financial System - Central Bank
Finance
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Azerbaijani banks have bought currency worth $7,169.1 million at auctions held jointly by the Central Bank and the State Oil Fund in 2024.This was reported by the Central Bank.
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The Central Bank of Azerbaijan has cancelled licences of insurance agents issued to 2 more physical entities.This is reported on the website of the regulator.
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‘Gala Insurance’ company has once again won the open tender for voluntary insurance of goods and materials of the 'Health Care Support Centre' under the Ministry of Health.This is reported on the unified Internet portal of public procurement.
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As of the end of november 2024, the Azerbaijani banks had assets worth AZN 50,164.6 million.This is stated in the banking review published by the Central Bank of Azerbaijan.
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