In order to provide Azerbaijani motorists with models from the leading car manufacturers on favorable conditions the Bank of Baku, with its partners announced a discount campaign.
As reported in the bank, to February 28, 2013 you can buy a model of the world car brands on preferential terms from the authorized dealers of Hyundai, KIA Motors, Chevrolet, Peugeot, Seat, Jeep, Chrysler, Dodge, and cars from showrooms of Autoland Ocean Auto.
The loan period is 3 to 5 years, and starts with an initial payment of 15%. Interest rate, depending on the term and the model starts with 16%. The fee amount is also reduced from the corresponding models.
Under the discount campaign you can buy various models of cars Hyundai, Jeep, Peugeot, Dodge, Chrysler, KIA, Chevrolet, Seat, etc.
Depending on the amount and duration of the initial fee and the interest rate can be changed. - 15D -
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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