C to meet the needs of the population of New Year "Bank of Baku" announces a discount credit campaign "in the New Year with money."
As reported in the bank, in the period from 5 December 2012 to 15 January 2013 Bank of Baku starts issuing loans without help (only with ID) to the population of the country. In addition, in this period "Bank of Baku" announces a 3% discount on annual interest rates of consumer and cash loans (automobile and mortgage loans, as well as VIP loans and on deposits of this campaign are not relevant).
The loan amount ranges from 500 to 5,000 manats, and the term is 30 months. -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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