SOFAZ quintuples term deposits 

Finance
  • 25 August, 2022
  • 08:07
SOFAZ quintuples term deposits 

As of January 1, 2022, the time deposits of the State Oil Fund of Azerbaijan (SOFAZ) stood at 11.66 million manats ($6.86 million), up fivefold from a year earlier, Report informs, citing the Fund.

The Fund ended 2021 with 1,556,203,000 manats ($0.92 billion) in net profit.