OJSC DemirBank according to the branch network optimization strategies implemented redeployment of one of the capital affiliates.
As reported in the bank, the branch Khazar will serve customers at the address. A. Magerramov 33 A (the road from Shamakhinka to the circle of Micro District N3, near Azerpost ) .
Over the past 3 years the bank has 13 branches moved to new offices and several more will be moved in the near future, the report said.
The Bank currently operates through 32 branches, including 13 offices in the capital. -15D--
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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