JSC Bank of Baku launches a new campaign for owners of cashing Bolkart.
As reported in the bank, in the period from November 28 to December 10 Bolkart owners that have made a purchase in the shops Ideal for at least 150 manats or more before December 15 can cash their card. Holders of Bolkart may pay their debts interest free until January 10. Commission for cash is 2.5%.
Bolkart is a free credit card that allows you to buy food in many local stores. Goods purchased through the card can be paid in stages over many months. Cards can be ordered both online - http://www.bolkart.az, or by visiting any branch.
To date, customers can shop at over 350 stores and shopping centers. Credit cards can be used in Bolkart perfume store, for computers and consumer electronics, mobile communications, furniture, as well as restaurants and supermarkets. More than 38,000 people are already taking advantage of Bolkart. -15D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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