State employees credit for 1 day
The owners of payment cards from a commercial bank of "Kapital Bank", the opportunity to make and receive credit for only one day.
As noted in the report of the financial structure, this chance is given mainly to state - those who are "sitting" on the salary and pension. The Bank provides loans to this category of the population for daily consumption.
Owners of the above cards may contact the nearest branch of the bank, and within one business day to get a loan of up to 5 000 manat. In the event that the amount does not exceed 2 000 manat, the loan is granted for a maximum of 18 months; if the amount is up to 5 000 manat, the loan is granted for a period of 24 months at 24% per annum. The loan amount depends on the customer's monthly income.
The amount of monthly payments should not exceed 50% of their monthly income on salary and pension card, the press service said. In the pledge and help required. Credit is given in cash.
Further information can be obtained by dialing a short telephone number (012) 196 Customer Service "Kapital Bank". - 17D-
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- Politics
- 29 May 2013 12:45
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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