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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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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