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As of September 1, 37.6% of the Baku respondents do not trust any bank of Azerbaijan, according to the survey conducted by Business Insight.
The survey conducted among 702 residents shows that, together with those who could not answer the question (8.8%), the number of suspicious ones approaches a half. And this trend is growing – the percentage of those displeased was 33.1% and 1.5% in January and 24.1% and 1.3% in April.
Capital Bank with the highest rating is trusted by 14.2% of the respondents, the International Bank of Azerbaijan – by 11.8%, Bank of Baku – by 7%, Uni Bank – by 6.6%, and Access Bank – by 4.1%. --17D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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