The Processing Center Ltd. Milli Kart for the maintenance of non-cash payments in Azerbaijan for the first time offers the service Instant Issuance.
As reported in the center, now cards are available at branches / items of bank and could be obtained instantly.
Instant Issuance has a wide range of features that make instant card issuance more simple, safe and effective. New cards are sent directly to the bank card holders. The card holder has the opportunity to choose a PIN-code on the site and the entire procedure takes place without any delay, uncertainty, or costs of delivery of cards and PIN envelopes. -15D -
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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