JSC AGBank began to work in the international system of money transfers Ucuz Para Transferi (UPT).
As reported in the bank, now operations through the new system are available in all subdivisions of the bank.
UPT is provided by the Turkish financial institution Aktif Bank. Sending and receiving money through it takes a few minutes and the exchange commission is paid only by the sender, according to the tariff table. The system has about 14 thousand service stations covering all 82 provinces in the country, as well as 14 European countries.
AGBank today is also active in the money transfer systems Western Union, Interexpress, Contact, Blizko, Leader, Migom, Faster, Coinstar and Bystraya Pochta. - 15D -
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review