JSC Pasha Bank has transferred the service of its customers involved in small and medium entrepreneurship to the main business centers.
According to the bank’s report, in the beginning of the operation of the new head office, the operations are optimized and the service efficiency is improved. This regards four branches of the bank (Genclik, Narimanov, Micro District and Khalglar Dostlugu) that will serve customers at the following addresses: 15 Yusif Mammadaliyev Street - Head Office, Business Center Bridge Plaza – 6 Bakikhanov Street, Business Center Port Baku – 153 Neftchilar Avenue, and Business Center Shuvalan in the Shuvalan settlement in Almaz Ildyrym Street. --17D-
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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