USD 1.7

Baku 26 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

SOFARâ€™s funds offered to direct gold reserves and investments to foreign countries

SOFARâ€™s funds offered to direct gold reserves and investments to foreign countries

16 March 2012 14:31 (UTC +04:00)

According to him, this index had to be AZN 396 mln.

MP does not advise to invest the SOFARâ€™s funds in securities market: â€œAccording to my information, the government intends to save a part of SOFARâ€™s funds in securities market. But this is wrong, the crisis in that market still continuesâ€.

He offered to save 20-25% of assets in gold reserves: â€œAs a second direction, itâ€™s necessary to direct the money to investment projects. Third direction is investing of these moneys in abroad as capitalâ€.

MP also offered to increase the sum of insured deposits. According to him, current sum is AZN 30,000. MP offers AZN 50-60,000.

Finance

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

BSTDB Vice President Ziya Aliyev

BSTDB has financed over €9 billion in projects since its establishment – Vice President

BSTDB President Serhat Köksal

BSTDB President: Our more than 20-year partnership with Azerbaijan is built on mutual trust

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED