NIKOIL | BANK held a grand opening event for its 9th branch in the capital, located in the Narimanov district, at the address 62A Kadyrbekov Street.
The opening ceremony was attended by the Ambassador Extraordinary and Plenipotentiary of the Russian Federation in the Republic of Azerbaijan Vladimir Dorokhin.
Branch № 9 provides a full range of banking services: operations on deposits, loans and bank cards, different types of money transfers, payment of utilities and service providers, as well as rental of safe deposit boxes.
Also, it should be noted that prior to March 29 NIKOIL | BANK holds a deposit campaign SEMENI, offering the highest insured annual interest rate and the opportunity to participate in an instant 100% of winning the lottery.
Under the terms of shares, each depositor has 12% per annum with the possibility of removal of the monthly interest VISA GOLD plastic card as a gift, and guaranteed a valuable gift to participate in a stimulating instant lottery. The minimum contribution to the campaign SEMENI is 1000 AZN or USD and the deposit period can vary from 1 year to 3 years. - 15D -
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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