JSC Bank Respublika was licensed by the Central Bank of Azerbaijan to open an additional regional branch.
As reported by the Central Bank, the new unit will be operational in Tovuz at the address 9 Sabir Street. The branch will provide individuals and legal entities a full range of banking services, including cash management services, loans and plastic cards operations money transfers, currency exchange, etc.
Currently, Bank Respublika has 34 branches, including 22 offices located in the regions. - 15B -
Economics
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A high-level event titled “Trio of COP Presidencies Dialogue: Roadmap for Mission 1.5 towards a Future of Shared Prosperity” was held within the framework of the 29th session of the United Nations Climate Change Conference (COP29).
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The State Oil Company of the Azerbaijan Republic (SOCAR) and Slovakia's largest gas operator, Slovenský Plynárenský Priemysel (SPP), have signed a short-term pilot contract for the supply of natural gas, according to sources in Slovakia.
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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