In April this year the Azerbaijani banks actively expanded network of regional and central offices.
According to the Central Bank of Azerbaijan in the reporting month, eight banks opened 7 branches and 8 sub-branches.
Among the regional branches there are those of Unibank, Bank of Baku and Demirbank in Salyan, Ganja and Khirdalan.
Muganbank was granted permission to open two regional offices in Barda and Saatly. For regional branches in Masalli and Khyrdalan a license was acquired by JSC Rabitabank.
Bank Technique received permission to open six metropolitan offices. One branch each in Baku was also opened by PashaBank and BTB Bank.
The total number of bank branches and offices thus has reached 872 units, of which 446 units opened in Baku. -15B -
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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