SOFAZ announces new composition of investment portfolio
Finance
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The State Oil Fund (SOFAZ) has published its audited financial report for 2023. Last year, the SOFAZ made a profit of AZN 8 billion 102.8 million (last year it ended with a loss of AZN 5 billion 240 million).
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In the first half of 2024, receipts from paid services of organisations financed from the state budget of Azerbaijan amounted to AZN 241.5 million. This was reported by the Ministry of Finance.
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In 2023, the Central Bank of Azerbaijan carried out the state registration of shares and bonds in the amount of 10,638.7 million manats. This is stated in the organization's management report on the results of the last year.
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The "Azerbaijan Deposit Insurance Fund" (ADIF) has announced that the movable property of "Günaybank", which is in the process of liquidation, will be put up for auction.
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