Now making out a cash credit with Bank Respublika, it has become possible to decide the annual interest rate and the fee for the loan.
As reported in the bank, part of the commission that is paid by the client at the time of processing the loan may be included in the total annual interest rate, which will reduce the cost to consumers at the time of loan processing.
This possibility is being considered for commissions of at least 2% and not more than 4%, a 2% commission may be credited in favor of the basic annual interest rate on the request of the recipient.
Also, this is an opportunity for the recipients of micro and agro loans with flexible 1% commission.
One of the important advantages of loans with Bank Respublika is the ability to repay the loans, without leaving your home - through a wide network of ATMs, internet and mobile application "Mobile Bank". -15D -
Economics
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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The architectural company El & En has received several contracts worth a total of AZN 805,593 from the Committee for Urban Planning and Architecture. Additionally, the Territorial Construction Planning Center commissioned projects from the private company El & En worth several hundred thousand manats. These architectural projects involve work in liberated territories and other regions of Azerbaijan. The co-owner of this company, along with his son, is Elbay Gasimzade, the head of the Public Council under the State Committee for Urban Planning and Architecture and simultaneously the Chairman of the Union of Architects.
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