JSC Bank of Azerbaijan increased the number of its own ATMs to 34 units.
As reported in the bank the other day in the city center were installed three additional ATMs. They are located at the following addresses:
Sabail District, Prospect Neftchilar 1 (in the Park Boulevard Center)
Narimanov district, 76 Teymur Aliyev (inside the hotel Ramada)
Nasimi district, 32 Dilara Aliyeva Street (in the main department of Azerbaijan State Railways).
It should be noted that the Bank of Azerbaijan continues the policy of optimizing the ATM network and the end of the year plans to increase the number of the equipment. - 15D -
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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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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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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