Previous year, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) placed a short-term deposit of 340.34 million manats in the United Arab Emirates-based First Abu Dhabi Bank, APA-Economics reports, citing the Fund.
According to the information, the amount of the short-term deposit the institution placed in Japan's Mizuho Bank last year was 20% more than the previous year, 2.04 million manats.