On the recommendation of the Financial Markets Control House (FMCH) in the forthcoming competition Formula -1 the banks located in the center of Baku and their branches will work in emergency mode. The FMCH press service says that a large tourist flow will be observed during the competition. With this in mind, currency exchange should be possible.
"Services of currency exchange located in the central part of the city along the track and in a recreation area have to organize the work even in non-working days with the extension of working hours," said the chairman of the FMCH Board of Supervisors Rufat Aslanli.
Thirty-four banks and 90 branches and offices in the period from 10 to 21 June will operate from 9.00 am to 21.00 pm. This applies to those located around Baku City Ring and near recreation centers. This is done to provide a large number of foreign guests who will arrive to monitor Formula -1 with banking and foreign currency exchange services.
The following banks and their branches will work for 24 hours, including Saturday and Sunday during the week: the branch Office 24 of Bank Respublika located at 67 Neftchilar Avenue and the Central Branch of Demir Bank located at 111 Nizami Street. They are open to tourists and citizens. ----08D
Economics
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
-
Rovshan Najaf, President of the State Oil Company of Azerbaijan (SOCAR), and Oleg Korobchenko, Deputy Prime Minister and Minister of Industry and Trade of the Republic of Tatarstan, discussed cooperation and expressed satisfaction with the partnership between SOCAR and the Russian oil company Tatneft.
-
Azerbaijan’s drive to attract investment into its industrial and agricultural zones is gaining momentum, with the government registering 31 new resident companies across economic zones in 2023. The Economic Zones Development Agency (EZDA) also granted non-resident status to one company, marking a new phase in the country’s efforts to stimulate economic growth in post-conflict areas and beyond.
Leave a review