JSC Zaminbank due to the development strategy of retail banking translated the branch Business in Baku to a new address.
As reported in the bank, this branch will continue to serve clients outside of Izmir, 7B (next to the Hyatt Regency Hotel). The division offers a full range of banking services including deposit mobilization, delivery business, consumer and mortgage loans, plastic card, transactions on money transfers, receiving payments for public utilities (gas, electricity, water) and mobile operators (Azercell, Bakcell, Nar Mobile), etc.
Currently, the Bank operates through 38 branches and 17 offices, including 28-metropolitan offices. - 15D -
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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