Continuing to innovate in the banking system , "Bank of the Republic " in cooperation with Baki Sigorta presented a new credit card TurboKart.
If your car is valued at 10,000 manat, and more, by applying to Baki Sigorta, you can fully insure your car against all risks. You can also receive a gift of a plastic card TurboKart, with which, not making any payment, you can pay the loan in the full amount of the premium. Plus, get a credit line from the "Bank Respublika is several times the amount of the insurance premium paid just under 9.69% per annum.
For clients Baki Sigorta these loans are issued without collateral, guarantors and without references. In addition, if within 45 days of the loan amount or paid in credit insurance premium shall be reimbursed by you to the bank, you will not accrue any interest.
With TurboKart you can pay in cash, online, through POS terminals, as well as the card is connected to the bonus system PayKart, where when you buy a network of partners earn bonuses of up to 25% of the purchase amount.
Besides the above TurboKart owners have the opportunity once a year free technical services "collapse" and "balance" service centers Group Motors.
We are confident that in a short time TurboKart owners will appreciate the advantages of the above. -15D -
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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