According to the Central Bank of Azerbaijan, from January 1 to March 1, the total number of bank customers decreased by 235,355 people (minus 4.12%) to 5,481,030 people).
The vast majority (98.46% or 5,396,922) of customers refers to individuals, mainly the recipients of debts on consumer loans, and only 84,108 customers are legal entities.
At the same time the number of customer accounts increased from 1 March 2015 to 1 March 2016 by 10.5% - up to 15,687,705 (minus 3.34% to January 1). Most of them (12,361,678 or 78.8%) are current accounts, 2,906,969 or 18.5% - credit accounts, and 419,058 or 2.67% - deposit accounts. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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