In the second quarter of 2016 compared to the first quarter the number of Bank of Baku employees decreased by 17 people.
Turan reported with reference to the issuer's report published in the electronic data disclosure system (disclosure.az), if at the end of the first quarter, 727 people worked in the bank, by the end of the second quarter their number was 710. Interestingly, in the bank’s report for the first half of the year data on their employees was only for the second quarter and did not present the ratio of workers since the beginning of the year.
However, according to the rules of reports, the disclosure.az site should be available within five years, but the data of Bank of Baku for the beginning of the year could not be found on this website.
According to the same report for the first half of the year the bank closed three of its branches - the branch Khagani in the Sabail district, the branch Otoplaza on Ziya Bunyadov Avenue and the Ganja branch in the Ganja city. -----71D
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review