ABTC is preparing for May 13 themed courses
According to the curriculum for this year, Azerbaijan Bank Training Centre (ABTC) is preparing for May 13 specialized courses.
According to the center, there will be organized trainings on marketing and sales, management of problem loans, human resources, the exchange rate regime, bank fraud and ways of protection clients, banking law, cash transactions, money transfer and payment systems, letters of credit, leadership, stress testing, and microfinance.
Lectures and lessons are to be held by also local experts. - 15B -
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- Politics
- 30 April 2013 14:15
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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