JSC Bank VTB (Azerbaijan) was licensed by the Central Bank of Azerbaijan to open another branch .
According to Turan in the Central Bank , the new unit will operate in Khatai district of the capital at street M. Hadi , 73 .
The bank currently has 4 branches (excluding head office), and all of them are involved in Baku. Russian Bank VTB acquired the financial structure in 2008, buying a 51 % stake in Azerbaijan AF Bank and doing the re-branding. -15D -
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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