AGBank Opens New Metropolitan Branch
The Central Bank of Azerbaijan has issued AGBank a license to open additional offices in Baku.
As reported by the Central Bank, the new unit will operate in the Khatai district of the capital along 1191 Khojaly Avenue, First Quarter.
The bank currently has 16 branches and six branches, including 15 offices involved in Baku. - 15 -
Economics
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The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
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French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
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