JSC Capital Bank joined the international money transfer system Golden Crown (www.zolotayakorona.ru). As stated in the press release of the Russian system, it allowed them to expand the service network by 94 points - up to more than 1,440 points.
Now customers of Capital Bank can transfer funds to the countries of CIS and foreign countries at the rate of 1% (depending on the amount and direction of the transaction). The transfers are instant, unaddressed and sent without opening an account.
Capital Bank (former Savings Bank) operates for 140 years. Almost all of the shares (99.87%) belong to the group of companies Pasha Holding, and others belong to minority shareholders. --17D-
Economics
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On the night of January 13-14, several flights bound for Baku from Istanbul, Moscow, and Tel Aviv were diverted to Ganja International Airport due to thick fog at Baku's Heydar Aliyev International Airport.
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Azerbaijan's Cabinet of Ministers approved a new sanitary-protection zone spanning 289.5 hectares for the Dashalti State Nature Reserve on Sunday, in a move aimed at strengthening environmental protection measures. The decision, signed by Prime Minister Ali Asadov, aligns with national legislation on protected areas and implements provisions of a 2014 presidential decree amending the law on "Specially Protected Natural Areas and Objects."
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During a working visit to the United Arab Emirates, Azerbaijani President Ilham Aliyev met with UAE President Sheikh Mohammed bin Zayed Al Nahyan on January 13, 2025, in Abu Dhabi. The meeting underscored the strengthening of bilateral relations between the two countries, with a special emphasis on energy cooperation, climate change efforts, and mutual investments.
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Azerbaijan's Consumer Price Index (CPI) in December 2024 marked a year-on-year increase of 4.9%, with food and beverage inflation leading the surge, according to data from the State Statistics Committee. The overall CPI stood at 104.9%, driven by a 5.5% rise in food products, beverages, and tobacco, 2.4% in non-food products, and a sharp 6.3% hike in paid services provided to the population.
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