Electronic certificate from Unibank
The private customer data from JSC Unibank will be provided in the form of electronic certificates. The contract was signed between the Board of the bank and the information-processing center of the Ministry of Communications and High Tech of Azerbaijan. Unibank is not the first owner of the rights to such services - previously a similar agreement was signed with JSC Bank of Baku.
"This document will facilitate the process of obtaining citizen inquiries from private and public entities in electronic form. In addition, they can send an online application to the bank for a loan," the Ministry of Communications commented the innovation for Turan. In addition, the service will allow customers to electronically receive certificates of 7 government agencies, and in the future it is planned to expand their number.
JSC Unibank was established in October 2002. In the charter capital 66.21% is owned by individuals and 33.79% - by legal entities, including 12.15% by EBRD and 6.68% - by German DEG. --17D-
-
- Social
- 22 October 2014 15:26
Economics
-
Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
-
According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
-
The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
-
"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
Leave a review