Moderator.az discusses the issue of reducing credit interest, since too high interest causes serious dissatisfaction. Most of all this issue in Milli Majlis is raised by MP Ali Masimli. According to him, the interest is simply predatory, and it will reduce the activity of banks, which makes loans unavailable, or seriously hinders their repayment.
It also hits the real economy and the banks themselves.
The website musavat.com writes that clients of closed banks cannot receive information on compensation. Experts believe that the Deposit Insurance Fund is not interested in providing information, and the Financial Market Supervision Authority (FIMSA) promises that all information will be made public on the Internet before April 15.
Damirbank"s clients complain the most. Experts believe the information should be prepared and placed by the bank"s liquidator, that is, the Deposit Insurance Fund. However, this structure does not carry out any work, because it is not interested in the rapid completion of the process.
All over the world, liquidators are chosen by creditors, but this is not the case in Azerbaijan.
In the presidential decree there are specified dates and the Fund is obliged to hand over the data to the FIMSA by a certain time.
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The preliminary report by Kazakhstan’s Ministry of Transport on the investigation into the crash of the Azerbaijan Airlines (AZAL) aircraft in Aktau has reignited discussions on the issue. Since the crash occurred in Kazakhstan's territory, the investigation is being conducted by that country.
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In 2024, as a result of external cyberattacks, 16,804 cases of fraud were recorded, and over 22.4 million manat were stolen from citizens' bank cards, the Ministry of Internal Affairs of Azerbaijan reported on Wednesday.
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The Ministry of Digital Development and Transport of Azerbaijan has effectively acknowledged that President Ilham Aliyev’s official aircraft, “Baku-1,” encountered external technical interference while flying to St. Petersburg for the informal summit of the Commonwealth of Independent States (CIS) on December 25. The revelation comes amid growing scrutiny of the incident, including reports of a GPS signal loss over Russian airspace.
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In Yardimly region of Azerbaijan, 20 kg of drugs and psychotropic preparations were found and seized from drug couriers, the regional group of the Interior Ministry's press service reported.
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