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The Central Bank of Azerbaijan has issued Bank Nikoil a license to open additional branches in Baku.
As reported by the Central Bank, the new branch will be involved in the Narimanov district of the capital at 63 Gadirbekova Street.
The bank currently has 15 branches and two sub-branches, of which 11 offices are located in Baku. - 15B -
Economics
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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.
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