To meet the everyday needs of customers, «Bank of Baku» announces a discount for cash loans in the framework of the campaign "Interest on vacation."
In accordance with the terms of the campaign, «Bank of Baku» has started issuing cash loans with 3% discount on the annual interest rate.
Maximum loan amount is 10,000 manat.
Loan term is up to 24 months.
The term of preferential campaign is from July 18 to August 31, 2013.
Repeat customers of the bank, employees of partner companies, and customers with residence in regions where there is the branch of the bank, can issue a soft loan by presenting a proof of identity card.
The members of the campaign members «Dostlar klubu» can apply for a loan without paying the commission for their bonuses. -15D -
Economics
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The Milli Majlis (Parliament) of Azerbaijan began discussions on Monday regarding the draft state budget for 2025, which projects expenditures of AZN 41.368 billion.
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Azerbaijan’s livestock sector has demonstrated modest growth in domestic production, yet it faces significant challenges as imports of meat and dairy products surge. Recent data from the State Statistics Committee underscores this dichotomy, revealing increases in local output but an even sharper rise in imports, accompanied by persistent price inflation.
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Azerbaijan's agricultural sector faces a critical moment as modest growth in grain production fails to offset a troubling decline in productivity. Data from the State Statistics Committee shows that total grain and legume production grew by 0.7% year-on-year, reaching 3.2 million tons by November 1, 2024. However, this growth is overshadowed by a sharp 6.2% drop in yield, highlighting structural inefficiencies in the sector.
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