The number of regional branches of JSC Turan Bank exceeded the number of their metropolitan counterparts. According to the report of the financial structure, the new service point became operational in Agjabedi.
This is the 9th regional branch of the total 16 in the country. It will provide businesses and individuals with a full range of banking services. "Its foundation was a significant event in terms of the implementation of the strategic objectives of the bank, which provide coverage in the future representation of all the regional centers," the statement said.
JSC Turan Bank began to work in June 1992. Its shareholders are 6 legal entities (share 29.11%) and 22 individuals (70.89% share). --17D-
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review