OOO «Dalgic» received a large loan from JSC «Unibank» - in the amount of $1.5 million. This is the second credit since early August - last month were received another $ 10 million. Together from Unibank and European Bank reconstruction and development.
The structure of the funds were allocated to perform underwater engineering, air-diving and ship repair activities in the Caspian Sea.
In August 2014 Unibank and European Bank for Reconstruction and Development allocated Dalgic company a loan of $10 million. This project is among the largest projects in Azerbaijan financed by the EBRD together with the local banks. "Support of the real sector of the economy remains one of the priorities of Unibank. The bank serves its corporate clients through four specialized branches - "Gara Garayev", "Icheri Sheher", "Darnagul» and «Unibank- business center", " reads the statement.
The JSC «Unibank» was created in October 2002. The company's authorized capital 66.21% belongs to individuals, 33.79% - to legal entities, including 12.15% - 6.68% and the Bank - the German company DEG. The company «Dalgic MMC», which has been operating since 1996, is one of the largest corporate clients. --17D-
Economics
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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