Search of ATMs will not be difficult for the users of advanced information technology. Development Team Program Start Interactive Agency presented an application that allows you to find the location of ATMs virtually at all local banks.
The appendix Bankomatic is already available for iPhone and iPad. As the developers say, work to improve the application continues and the number of operating ATMs is replenished. Soon there will be a card for payment terminals Pay Point (MilliOn).
According to the report of the Central Bank, as of October 1, the number of ATMs installed by banks in the country is 2,543, of which more than half (1 440) are in Baku, and the remaining 1,103 are located in regions .-- 17D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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