JSC Amrahbank" reorganized its metropolitan branch Nasimi into Narimanov and relocated it to a new address.
As reported in the bank, the division will continue to serve customers in the office located in Tabriz Street, 858th quarter. The branch provides a full range of banking services, including lending, deposits, transactions through the system of money transfers, the order of international payment cards Visa and MasterCard, etc.
Currently, the bank operates through 19 branches and three sub-branches, including 15 metropolitan offices. - 15B -
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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