BAKU/25.12.13/TURAN : DemirBank offers 4 % discount on the annual interest rate for customers who were born in the year of the horse (1954 , 1966 , 1978 and 1990 ) . The campaign will last until February 1, 2014.
The campaign also provided a 2% discount on the annual interest rate for other clients. Customer may use the discount once. It should be noted that the action applies to all consumer loans other than mortgage and car loans .
DemirBank offers companies and different types of loans - loans for micro and small businesses , mortgages, car loans , loans for employees of education and medicine , for government workers and civil servants , loans for the purchase of furniture and appliances , renovation loans and other consumer loans .
DemirBank, is the first commercial bank in the country , began operations in 1989 . Among its shareholders are major international financial institutions such as the European Bank for Reconstruction and Development and the Netherlands Development Finance Company (FMO). DemirBank ranks from Fitch Ratings at "B " with "stable" forecast and Planet Rating rating at "B " with "positive" forecast . These ratings are among the highest in the banking sector of Azerbaijan. -15D -
Economics
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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