The number of licensed bank branches in the Absheron economic region in the first half of this year increased by 17 units t* 382. At the same time, it retained the status of the region most filled with banking offices. It accounts for 56.5% of the total number of branches.
According t* the Central Bank of Azerbaijan (CBA) in the reporting period increased branches only five of the 10 economic regions of the country in three areas, this figure has not changed, and in tw* - have decreased.
In descending order of density of bank branches Absheron is followed by the Aran economic region - 95 (+3 t* the beginning of the year), Ganja-Gazakh economic region - 65 (-1), Lankaran economic region - 37 (+1), Guba-Khachmaz economic region - 36 (1), Sheki-Zagatala economic region - 29 (0), Shirvan economic region - 17 (+2), Nakhchivan economic region - 11 (0) Upper Karabakh economic region - 4 (0). There are n* bank branches in Kalbadjar-Lachin economic region.
As of July 1, 2013 the total number of bank branches totaled 676 units, an increase for the half year t* 21. - 15V-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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