In order to encourage non-cash settlements on the eve of International Women's Day March 8 Bank of Baku decided to double the debt maturity Bolkart. In just three days - 6, 7 and 8 March, cardholders can make purchases and pay for the cost of the goods within 6 months, with 3 stores in the monthly repayment ability.
The stores also with the standard 6 monthly fee, this deadline is extended to 12 months. Thus, for three days the owners can purchase Bolkart perfumes, accessories and clothing, and the cost to pay in equal installments for 6 or 12 months. In turn, for the campaign partners with the ability to pay for 12 months, this deadline is extended to 15 months.
Bolkart today is the most popular credit cards in Azerbaijan. According to recent reports, more than 65,000 citizens regularly use the card. Consumers can shop at more than 600 stores and shopping centers. Credit cards can be used in Bolkart perfume store, computer and consumer electronics, mobile communications, furniture, as well as restaurants and supermarkets. A full list of stores can be found by visiting www.bolkart.az. Holders of Bolkart regularly have the opportunity to withdraw cash from their card. - 15D -
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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