In the first half of 2016 JSC Capital Bank has recruited 101 people. Thus, the number of employees of JSC Capital Bank increased by 4.7% and amounted to 2,218 people, the semiannual report by the bank (goo.gl/qO7RWL) said.
This year the bank has opened another branch in Baku, in the Genclik Mall shopping center. Today, there are 22 branches of Capital Bank in Baku. The bank has the largest branch network in the regions of the country - 65 offices.
Note that JSC Capital Bank develops despite the financial crisis deepened after the devaluation of the manat in February 2015. Many banks have been closed and some have reduced their branch network and staff. ----08D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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