SOFAZ sold $6 billion worth of foreign currency in 10 months
In January-October 2024, the State Oil Fund (SOFAZ) sold foreign currency worth $5,919.4 million. This was reported by the Fund.
According to the data, this is up by 2.6 times from the same period of 2023.
Just in October, sales of foreign currency of the SOFAZ amounted to $ 174.4 million. This is down by 13.9% from a year earlier.
Finance
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Azerbaijan Investment Holding is holding an open tender for voluntary car insurance.This is reported on the unified internet portal of state procurement. According to the information, a fee for participation in the tender is AZN 14.
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Tomorrow the Central Bank of Azerbaijan (CBA) will announce its next decision on interest rate corridor parameters according to a predetermined schedule.This will be the regulator's first interest rate decision in 2025.
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Subscription for interest-bearing, unsecured, undocumented, registered bonds of 'Global Energy Solutions' with AZ2001025884 ISIN code AZ2001025884, nominal value AZN 5 million, with a turnover period of 2 years has started at Baku Stock Exchange (BSE) from today.This is reported by BSE.
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'Premiumbank' has announced its financial results for 2024. Last year, the bank earned a net profit of AZN 9.7 million, which is up by 29.9 % from a year earlier.
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