Now, before you make a decision about which of the banks to get a loan from, you can compare all your suggestions on the Bank Respublika website and determine which loan product is the most profitable one.
The new service " Comparative loan calculator " gives an opportunity to compare up to 4 credit products on the basic parameters : the amount , interest rate, commission , etc. period . As a result, the user will receive information about the final costs for each of the selected loans, monthly payment, and the actual interest rate.
Before deciding, Bank Respublika recommends consumers to compare loan products with the actual interest rate on the market offers and to get acquainted with all the terms of the loan.
To familiarize yourself with the new service, you can link to: http://www.bankrespublika.az/az/individual-clients/fifdcompare/.- 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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