JSC Bank of Azerbaijan for the convenience of customers and in the strategy plans before the end of this year to expand its branch network to 20 units.
As reported in the bank, in June and July, the bank is preparing to commission a branch in Lenkoran. Appeal to the Central Bank of Azerbaijan for a license for the operation of the new unit has already been done.
Lankaran branch will offer individuals and corporate bodies a full range of banking services, including cash and settlement operations, various consumer and business loans, deposits, plastic cards operations, payments for public utilities and mobile services, sending and receiving money transfers and etc.
The bank currently operates through the head office, 16 branches and three offices. -15D -
Economics
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Azerbaijan is set to host its Trade Forum on October 1, supported by “Pasha Holding” and jointly organized by the Small and Medium Business Development Agency (SME), Azerbaijan Customs representation, and the Logistics Companies Association.
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The inaugural Investment Forum on energy transition in Central Asia is set to take place on November 15-16 in Baku, Azerbaijan, organized by the International Renewable Energy Agency (IRENA) and Azerbaijan’s Ministry of Energy as part of the COP29 conference.
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At the advisory meeting of railway administrations held in Baku on September 19-20, Rovshan Rustamov, Chairman of Azerbaijan Railways CJSC (ADY), met with Ufuk Yalçın, General Director and Chairman of the Board of the Turkish State Railways Company "TCDD Taşımacılık." The meeting marked the second time this year that officials have discussed expanding railway transport cooperation between Azerbaijan and Turkey.
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The Center for Analysis of Economic Reforms and Communication (CAERC) has completed its monitoring and evaluation of the first half of the year in relation to the "I State Program on the Great Return to the Liberated Territories of the Republic of Azerbaijan." This state program focuses on restoring infrastructure and resettling displaced populations in areas that were reclaimed during the 2020 Nagorno-Karabakh conflict.
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