A new branch Ganjlik of OJSC Ata Bank opened in the Narimanov district. It is located at 3A Koroglu Rahimov Street and provides a wide range of services to individuals and legal entities, according to the press release from the bank.
The new branch offers customers all kinds of banking services, including cash and settlement transactions, loans on favorable terms, deposits, money transfers, receiving various kinds of plastic cards, currency exchange, and payment of utilities.
Functioning since 1993, Ata Bank OJSC has a network of 27 branches and sub-branches in Baku and regions of the country. The bank provides a full range of services to corporate and private clients. -0--
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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