Bank Respublika offers a new card product
JSC Bank Respublika offers a new payment card MasterCard Unembossed.
As reported in the bank, MasterCard Unembossed is an international payment system MasterCard Worldwide. This product is popular all over the world, because it has the best value for money. Card can be used to pay for goods and services in the retail and service enterprises, and to withdraw cash from bank branches and ATMs.
This card can be issued to foreign nationals as well. On the map, MasterCard Unembossed can get a credit line of up to 2000 AZN from grace (grace) period of 1000 AZN to 45 days (for citizens of Azerbaijan).
MasterCard Unembossed is also unique as it combines the advantages of electronic and classical maps: on the one hand, convenience, safety and accessibility, and the other - the ability to conduct transactions over the Internet. -15D -
Economics
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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