The Central Bank of Azerbaijan (CBA) has withdrawn the license of one of the Sumgait sub-branches of Expressbank in connection with the conversion to a branch.
According to the Central Bank, the subsidiary Sherg will serve customers in the same place in the 9th district (near Eastern Market). The license to operate the new unit was issued this week.
The Bank currently operates through 14 branches and three sub-branches, including 10 regional offices. - 15D -
Economics
-
The construction sector is undergoing significant reforms that are reshaping urban landscapes, driving economic growth, and creating jobs, said Namik Gummatov, First Deputy Chairman of the State Committee for Urban Planning and Architecture.
-
Starting today, manufacturers and sellers of food and agricultural products can submit offers on the website tedaruk.az, aligning with public procurement requirements for 2025. The submission window will remain open until September 1.
-
Recent reports and interviews indicate a noticeable rise in tomato prices in Azerbaijan over the past few months, primarily driven by market monopolies rather than external factors such as fuel costs or weather conditions.
-
Azerbaijan's agricultural sector produced goods worth 6 billion 19 million manats in the first half of 2024, a 0.3% increase compared to the same period last year, according to a report by the State Statistics Committee (SCC). The report highlights a mixed performance across various agricultural segments, with livestock production seeing gains and crop production experiencing a decline.
Leave a review