In honor of the tenth anniversary NIKOIL | BANK announces the start of the New Year offers for existing customers and new investors.
According to the report of the bank, under the terms of the action every customer that has placed a deposit in the amount of not less than 1,000 AZN from 26 November 2012 to 11 January 2013, or having a deposit, open until the beginning of the action, becomes a party challenging the lottery, which will be held from 15 January 2013. In celebration of the tenth anniversary NIKOIL | BANK will distribute ten (10) IPhone5 for depositors.
Another pleasant surprise is the draw of the Christmas Campaign for 10 IPad3 intended for honest borrowers who have good credit history.
Further information can be obtained by calling 981, or on the bank's websites www.nikoil.az, www.nikoilcard.az. -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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