By the decision of the Central Bank of Azerbaijan dated December 30, a banking license was granted to Ziraat Bank Azerbaycan.
Thus, in fact 44 banks have licenses.
According to the Ministry of Taxes, a subsidiary of TC Ziraat Bank A.S (Turkey) in Azerbaijan - OJSC Ziraat Bank Azerbaycan passed state registration on December 26. The authorized capital of the bank meets the minimum requirements - 50 million manat. The Chairman of the bank is Avni Demirchi.
The legal address of the bank is 40 Jafar Jabbarly Street, Baku.
Until November 2014 TC Ziraat Bank A.S owned 46% of the shares of the commercial bank AzerTurk Bank. The Turkish side has sold its share to the state represented by the State Committee for Property Affairs of Azerbaijan. 08D
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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