JSC Rabitabank continues the credit campaign to mark professional holidays. In honor of Teacher's Day , celebrated on October 5 , any employee can receive education, taking from Rabitabank a two-year loan and paying interest on the loan the entire second year.
For the 18 month interest free credit period is 6 months and a year-long loan for the past 3 months. The campaign will last until November 10, 2013.
For soft loan can turn teachers, academic and administrative staff working in universities, schools, kindergartens, boarding schools, music schools, research institutes and district education departments.
Credit can be obtained at any of the branches of the Bank. Currently Rabitabank along with 7 branches in Baku, has a wide network of branches and offices , encompassing the cities of Sumgait , Ganja , Shirvan, Shamakhi , Shamkir , Sheki , Guba , Gusar , Khachmaz , Agsu, Agjabedi , Kurdamir , Lankaran and Nakhchivan . For more information, please visit www.rabitabank.com or the telephone number 133. -15D -
Economics
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Rice imports to Azerbaijan have soared to unprecedented levels during the January-November 2024 period, reflecting both rising domestic demand and increasing global food prices. Over this period, the country imported 60,400 tons of rice, marking an 18.6% increase in volume and a 35.3% rise in value compared to the same period in 2023.
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Over 17,750 life insurance contracts and 40,661 property insurance contracts were signed through Azerbaijan’s Mortgage and Credit Guarantee Fund (MCGF) between 2022 and 2024, reflecting the growing role of the Fund in strengthening the housing finance and insurance markets. These figures were revealed by Rasim Abdullayev, Director of the Mortgage Lending Department at MCGF, during the seminar "Tools for Supporting Housing Finance and Entrepreneurship."
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The value of paid services provided to the population in Baku reached 6.94 billion manats in the first eleven months of 2024, reflecting a real-term increase of 9.2% compared to the same period in 2023, according to data from the Baku City Statistical Department.
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According to data from the Baku City Statistical Department, the retail trade turnover in Azerbaijan’s capital, Baku, increased by 5% year-on-year from January to November 2024, reaching 31.6 billion manats. This growth reflects the steady recovery of the economy and consumer confidence amid broader market stability.
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