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
-
Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
-
Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
-
Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
-
Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
Leave a review