Mugan Bank brokered by the processing center Azeri Card (the brainchild of the International Bank of Azerbaijan) has granted a new service –online payment of loans. Thus, the client not leaving the office or home, as well as through mobile devices, can click on the desired key.
The innovation is given to improve the quality of banking services to the population, said the credit institution. The system can be used via the bank's website or the website http://www.azericard.com.
Mugan Bank OJSC was founded in November 1992. Its shareholders are 4 individuals. --17D-
Economics
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
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