JSC Bank Technique and Yeni Hayat Group start a joint project on mortgage lending.
Under the terms, apartments in the residential complex Park Azure belonging to Yeni Hayat will be given on mortgage for 10 years. Advance payment will make up 20% of the purchase price and mortgage rate - 8 % per annum. Simplified conditions make it easy and simple to get a loan.
The residential complex Park Azure located in one of the most prestigious areas of the capital at Afieddin Jalilov Street , 27 A, has 585 apartments. The apartments have different area and number of rooms - 2, 3, 4 and 5 rooms. There is a large yard, a parking for 2,000 cars, a hypermarket, a cinema, a spa and a fitness center, a kindergarten, a direct transition to the entertainment center Megafun, which approximately attribute luxury middle-class life.
Commenting on the new project, the director of the customer service in Bank Technique Kamran Akhundov said that in addition to favorable conditions, such as a mortgage program similar to the state-run one in the rate (8%), it provides quick paperwork. So the client can become the owner of an apartment due to processing the loan for 45-60 minutes. -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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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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