In order to provide customers with better service "Parabank" increases the hours of several capital affiliates.
As reported in the bank, now branches "Merkez", "Nizami" and "Azadlig" will serve its clients five days a week from 9.00 to 20.00, and on Saturdays from 11.00 to 15.00.
Branches of the bank offers its clients a range of financial services such as cash management services, deposit with favorable conditions, consumer and business loans, study abroad and other loans, credit cards VISA, payment of mobile services, international transfer systems.
The division "Merkez" is located at Fizuli Street, 65/67, "Nizami" is located on Avenue Gara Garayev 27 A, and "Azadlig" operates in Khatai district, on Sarajevo Street, 17. -15D -
Economics
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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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