The 8th in a row metropolitan branch of JSC Khalg Bank has opened in Baku at AZ 1025, 25E Nobel Avenue. It is led by Sevinj Akhundova. Interested people can call (+994 12) 404 81 15 (16).
The unit entitled Ag Shahar as well as its other "brothers" provides customers with a full range of banking services on weekdays from 9:30 in the morning till 17:00, Turan was told in the bank.
JSC Khalg Bank is the only one of the big banks, whose regional network of branches is wider than the metropolitan network - 19 to 8.
JSC khalg Bank received its banking license on December 30, 2004. Its shareholders are 3 legal entities: LLC Ideal Business (50%), LLC Euro Standard (33.85%) and LLC Avant-garde - 1 (16.15%).
The Chairman of the Supervisory Board is Asim Mammadli. The Chairman of the Board of the bank is Elkhan Aghayev. --17D-
Economics
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The Azerbaijani government is determined to stabilize oil production. This intention was announced by President Ilham Aliyev earlier this year. "Work is underway to stabilize oil production, and I believe we will see results in the near future. We need stable oil production, and this task has been set before the investors," he remarked during one of his speeches.
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Representatives from the World Bank, Azerbaijan’s Ministry of Digital Development and Transport, and the leadership of the Baku International Sea Trade Port (BISTP) convened in Alat on Monday to discuss the implementation of the second phase of the port’s development, the largest on the Caspian Sea.
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Investments in Azerbaijan's fixed capital totaled 15.91 billion manats ($9.36 billion) in the first 11 months of 2024, marking a 3.8% decline compared to the same period last year, official data showed on Thursday by the State Statistics Committee.
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Discussions surrounding the implementation of a landmark renewable energy project on the Absheron Peninsula took center stage at a December 11 meeting hosted by Azerbaijan’s State Agency for Renewable Energy (AREA) under the Ministry of Energy. The project, initiated through a memorandum of understanding signed on March 1 in Baku, involves collaboration with the Spanish engineering giant Elecnor.
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