JSC Bank Silk Way admits the daily cash withdrawal from ATM by plastic cards Gold and Platinum in the amount of 4,000 AZN, USD or EUR.
According to the information, this is done in order to enhance safety and reduce the level of risk on banking operations. In the case of a larger volume of cash withdrawals one should go to the head office, a branch or a department.
JSC Bank Silk Way has been the successor to Azal Bank since January 2008. Its founders are the company Silk Way Airlines, as well as the daughter of the President, Arzu Aliyeva, and the spouse of Jahangir Askerov (head of Azerbaijan Airlines), Zarifa Gamzaeva. The share capital is 101.5 million manats. --17D-
Economics
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The minimum wage in Azerbaijan, currently set at 345 manats, will be increased at the beginning of 2025 to meet the country’s international obligations. This was announced by economist and Member of Parliament Ali Mansimli during an interview with TV channel "24". According to him, the current minimum wage level does not meet the requirements of several international documents, which state that the minimum wage should be at least 60% of the average salary, which is 1000 manats. This means that the minimum wage in Azerbaijan should be 600 manats; however, it currently stands at only 34% of the average salary.
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The Cabinet of Ministers of Azerbaijan approved a series of amendments on September 25, to the laws regulating the circulation of medicinal products, as part of the implementation of the "Law on Amendments to the Law on Medicinal Products of the Republic of Azerbaijan" adopted on July 14, 2023. These amendments aim to align national legislation with international standards and strengthen the regulation of pharmaceutical product circulation in the country.
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The Ministry of Digital Development and Transport of Azerbaijan has approved a new regulation titled "Flight Operations Preparation Rule," aimed at enhancing the safety and efficiency of civil aviation activities. Decision number 3-27/3-7-16/2024 was adopted by the ministry’s collegium on September 12, 2024, in accordance with the law "On Aviation" dated December 22, 2023.
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The Ministry of Digital Development and Transport of the Republic of Azerbaijan approved a comprehensive set of airworthiness regulations aimed at ensuring the safety and reliability of the country’s civil aviation sector.
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