Turkish insurance broker enters Azerbaijani market

In January-October 2024, receipts on contributions to compulsory state social insurance in Azerbaijan totalled about AZN 4.7 billion. This was reported by the State Tax Service under the Ministry of Economy.

The Baku Stock Exchange (BSE) has completed the auction on placement of interest-bearing, unsecured, undocumented, registered bonds of non-bank credit organisation ‘International’ with IRIN code az2020021021 / az2018021025 ISIN in the amount of AZN 500,000 with a 24-month circulation term. This is reported by the BSE.

From January to October 2024, the total turnover of the 12 investment member companies of the Baku Stock Exchange (BSE) amounted to about AZN 77.7 billion. This is reported by the BSE.

In the regime of special regulation the Central Bank of Azerbaijan (CBA) has assessed 21 applications received for testing of innovative financial products. The CBA reports that 4 innovative products were selected from the applications and given the opportunity to be tested in limited conditions.