JSC Bank of Baku will present a gift to the customer, who applies a millionth credit account.
The customer who applies a millionth loan will be entitled with a person closest to him to make a cruise vacation in the Mediterranean. During the voyage the winner and his companion (male or female) will become familiar with the beauty of the Mediterranean in Turkey, Italy, Greece and other countries. All the cruise expenses will be paid by the bank. The cruise package includes meals, entertainment on board, and comfortable accommodation in a cabin with a window to the sea.
In addition, the winner and his companion will get health insurance for the cruise, airfare to Istanbul, which is the start point of the voyage, and back, as well as other benefits. - 15D -
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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