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Baku/25.04.22/Turan: The Central Bank of Azerbaijan published a survey of credit unions for the first quarter of 2022. The document says that credit unions of Azerbaijan lost AZN 0.4 million during the quarter. It is down by about 33% from the same period of the last year.
In the reporting period the credit unions received AZN 0.5 million of interest income, AZN 0.3 million of non-interest income, incurred small interest expenses, AZN 0.3 million of non-interest expenses, created special reserves on overdue loans for AZN 0.8 million and paid AZN 0.1 million of profit tax.
The financial indices of microfinance organizations are published once a quarter. -0-
Politics
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Russian President Vladimir Putin and Iranian President Masoud Pezeshkian will hold talks in Moscow on January 17 and make statements for the press, according to the Kremlin's press service.
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On January 13, the trial in the case of public activist Nijat Ibrahim continued in the Baku Serious Crimes Court under the chairmanship of Judge Aygun Gurbanova. The trial was suspended after Ibrahim, in protest against the illegal arrest, began banging his head against the "aquarium cage", trying to commit suicide. At the beginning of the trial, he stated that he had been illegally detained for 4 months, and because of this, his family in Moldova was in a difficult situation, Turan announced this on its Twitter.
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The International Committee of Concerned Scholars (ICS) has appealed to the President of Azerbaijan, Ilham Aliyev, requesting his assistance in securing the release of the arrested researcher, Igbal Abilov. The ICS expressed concern that Abilov's arrest "may be related to his research on ethnic minorities in Azerbaijan, conducted in collaboration with scholars from Armenia."
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Georgia’s Minister of Foreign Affairs, Maka Botchorishvili, met with the Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Georgia, Faig Guliyev.
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