The insurance company AXA MBASK in the framework of corporate social responsibility with the support of the Executive Power of Lankaran held an ecological action under the name Green Future (Yashil Gelecek). During this action, together with the insurance agents of the branch Janub, they planted 50 pine trees in the city center.
The work was carried out under the guidance of an agricultural machinery station expert. Garden staff held professional instruction, during which they clearly demonstrated how to plant trees, gave all the necessary equipment and provided water.
The main purpose of the action is the development of ecological culture and education in the regions, as well as the formation of personal responsibility for the environment.
In 2010 AXA MBASK began the implementation of international standards AXA Group in the existing business processes of the company.
During the implementation of the plan for the development of sales through a network of insurance agencies, in a short term about 80 points of sale of insurance policies were opened throughout Azerbaijan. They are oriented to work with individuals and legal entities, as well as with financial institutions of all types of insurance.
The European quality of service, as well as the timeliness and completeness of payments caused the fact that the company in a short term was awarded eight international and national awards as the Insurance Company of the Year. --17D-
Economics
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The Supreme Eurasian Economic Council of the Eurasian Economic Union (EAEU) convened today, December 26, 2024, at a summit highlighting the evolving dynamics of regional cooperation and the complex interplay of geopolitical interests among EAEU member states. The meeting, held in Saint Petersburg, brought together the leaders of the EAEU countries to discuss a robust agenda that could shape the bloc's trajectory in 2025 and beyond.
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The Union of Chambers of Commerce and Industry (UCCI) of the Organization of Turkic States (OTS) held its General Assembly in Baku on December 26, highlighting dynamic economic growth and deepening integration among member states. Representing Azerbaijan and other OTS member states, business and government leaders discussed trade, investments, and regional connectivity projects.
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Rice imports to Azerbaijan have soared to unprecedented levels during the January-November 2024 period, reflecting both rising domestic demand and increasing global food prices. Over this period, the country imported 60,400 tons of rice, marking an 18.6% increase in volume and a 35.3% rise in value compared to the same period in 2023.
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Over 17,750 life insurance contracts and 40,661 property insurance contracts were signed through Azerbaijan’s Mortgage and Credit Guarantee Fund (MCGF) between 2022 and 2024, reflecting the growing role of the Fund in strengthening the housing finance and insurance markets. These figures were revealed by Rasim Abdullayev, Director of the Mortgage Lending Department at MCGF, during the seminar "Tools for Supporting Housing Finance and Entrepreneurship."
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