SOFAZ places deposit with Central Bank of Turkey

The deposit was placed on the condition of return within six months

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) placed a deposit of 1 billion euros with the Central Bank of Turkey in January, Qazet.az informs, citing SOFAZ.

The deposit was placed on the condition of return within six months.

This investment, which had a positive impact on financial stability in Turkey, was carried out within the investment rules and strategy of SOFAZ and was completed the day before.