JSC "Bank of Azerbaycan" announces that it is located at ul. Landau 6 branch "Elmler" will now work on Saturdays from 10:00 to 14:00.
As reported in the bank at the weekend customers at its branches can conduct transactions on current accounts and plastic cards to pay the debt on the loan, to send or receive money through systems Western Union, Contact, Xpress Money, Caspian Money Transfer and the "Golden Crown" , pay for mobile operators Azercell, Bakcell and Nar Mobile.
Bank of Azerbaycan operates through 17 branches and three offices. Seven days a week work the capital affiliates "Genclik" and "Sahil", and from the regional Ganja, Sumgait, Sheki and Guba affiliates. The remaining units work 5 days a week from 9:00 to 18:00. -15B -
Economics
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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.
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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.
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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.
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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.
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