Central Bank spent over AZN 1 million on insurance services

18:05 - 17.05.2022


May 17, Fineko/abc.az. The Central Bank of Azerbaijan spent AZN 1.26 bn on insurance services in 2021 (12.5-fold more versus 2020), ABC.AZ informs with reference to CBA’s financial statements.

In the structure of insurance expenses, AZN 428,000 are transfers on compulsory medical insurance, envisaged for the first time last year. The remaining AZN 832,000 for traditional insurance (8.3-fold more than a year earlier).

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