Commercial Bank OJSC Capital Bank presented a contribution to its customers ' profitable investments for 5 years. "
As they stated in the bank, this type of deposit gives the opportunity to earn more profits for 5 years. Under the terms of the minimum deposit the amount must be - 500 AZN / USD, the deposit period of 5 years. The annual interest rate on the deposit is 14 percent. The interest is paid at maturity.
Additional contributions of funds on deposit will not be accepted. Depending on the customer opens a bank customer payment card valid for 1 year. At the same time, the client can open a bank line of credit equal to 80 % of the deposit for a period of 24 months.
At the early withdrawal of the entire amount of the deposit, the interest is charged for the actual period of storage under different interest rate coefficients. -15D -
Economics
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The INMerge Innovation Summit, organized by PASHA Holding, continued in Baku on Friday. The summit brought together leading industry leaders, startups, and investors in the fields of fintech, e-commerce, artificial intelligence, and digital business.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved a new regulation titled “Procedure for the Transfer of Regulatory Functions and Duties for Flight Safety Supervision,” aligning with the country’s obligations under international civil aviation agreements.
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In September 2024, Azerbaijan experienced a noticeable increase in the Consumer Price Index (CPI), reflecting broader economic trends and the impact of various factors on the market. The CPI, a critical indicator of inflation, rose by 3.5% compared to the same month in 2023. This growth was driven by several components, including food and non-food products, as well as paid services provided to the population.
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The shareholders of JSC "Saba" (Səba) have scheduled an extraordinary general meeting for October 28 at 15:00, where the main agenda item will be the liquidation of the joint-stock company and the formation of a liquidation commission, according to company announcements.
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