One of the six General Directors of JSC Rabita Bank, Arif Zeynalov, left the post at his own request. According to the report, he was in charge of the bank's strategy, finance and information technology.
Now there are five Directors in charge of various sectors, Seyran and Ziya Nuriyev, Eldar Aghayev, Jeyhun Ibrahimov and Binnet Novruzov.
JSC Rabita Bank has operated under license of the Central Bank of Azerbaijan since 1993 and has 23 branches and a sub-branch. Its authorized capital is 51.4 million, and the total capital is 64.12 million manats. The Chairman of the Supervisory Board is Zakir Nuriyev, and the Chairman of the Board is Elchin Ghadimov. --17D-
Economics
-
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.
-
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%.
-
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.
-
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.
Leave a review