OJSC DemirBank on the occasion of Teachers' Day on October 5 is implementing a new preferential credit share.
According to the terms, educators (teachers only) arrange the loan with the Bank granted a 4% discount on the interest rate. The loan is issued for a period up to 36 months, from 500 to 6,500 manat. Credit of up to 3000 manats is issued without certificates of employment and without the surety, and those up to 5,000 manat - without a co-signer.
The campaign is valid for employees of all educational institutions (schools, high schools , high schools, colleges, centers of children's art, sport schools, universities, management education, day care , etc.). Promotion is valid until 31 October 2013.
DemirBank offers various types of loans - loans to micro and small business loans for employees of education and medicine, for employees of state agencies and state employees, loans for the purchase of furniture and home appliances, renovation loans and other consumer credits. -15D--
Economics
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As 2024 comes to a close, Azerbaijan finds itself at a crossroads—holding a prominent position in certain sectors of the global economy but still grappling with issues that hinder broader socioeconomic development. From energy exports to logistics corridors, the country has carved out a niche, yet cracks in its socioeconomic fabric are becoming harder to ignore. Let’s delve into the numbers and listen to expert opinions on Azerbaijan's global standing.
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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