VTB Bank (Azerbaijan) joined the electronic payment system hesab.az, through the portal of the same name of which (www.hesab.az) customers can make payments on loans in the online mode - just need to click "Banks, Forex and leasing, "VTB Bank and found the same pay.
According to the bank, the debt on the loan can be repaid using the PIN-code number or credit card. Currently, on the portal hesab.az you can pay only loans in manats. You can pay round the clock seven days a week. Loans paid after 17:00 in the non-working days shall be deemed canceled on the following business day.
"We offer alternative channels of repayment of loans: customers can use electronic payment systems and e-pul.az hesab.az, as well as terminals MilliOn and E-manat. Our customers have the opportunity to choose a convenient payment channel for them," reported the director of the Department of Retail Business of the bank Tural Veliyev.
In November 2008, the Central Bank approved the acquisition of 51% of the Azerbaijani AF Bank by the Russian Vneshtorgbank (VTB). 51% of shares belong to JSC VTB Bank, 48.99% - to the group of companies Ata Holding and 0.01% - to an individual. --17D-
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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