As of February 1, in Azerbaijan there were 2,573 ATMs installed by local banks (minus 4.5% as of 1 January). According to the report of the Central Bank of Azerbaijan (CBA), of these 1,424 are in Baku, and the rest 1,149 are in the regions.
With regard to the POS terminals at trade and services, by 1 February in the country, their number amounted to 78,452 units (minus 2.3%). Most of them are in the capital - 45,675 (minus 6.7%), and in the regions there are 32,777 (+ 4.5%). The significant growth of these devices fell on the eve of, and the time of the first European Games.
Retail facilities have 77,123 or 98.3% of all the POS terminals installed. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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