OJSC Unibank was licensed by the Central Bank of Azerbaijan at the opening of two new branches.
According to Turan in the Central Bank, the unit N 20 is located in the village of Bakikhanov of the Sabunchu district of the capital at Youth Street, 27C.
The Tovuz branch will function in Tovuz, Azerbaijan Sabir Street, 21.
The bank currently has 32 branches in Baku and the regions and one sub-branch (excluding the head office). -15B -
Economics
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Azerbaijan’s COP29 Operating Company is advancing green energy initiatives with partners to power the Baku Olympic Stadium, host of the upcoming COP29 climate summit, and to promote sustainability across Azerbaijani regions.
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Azerbaijan's car market has shown mixed trends in 2024, with a sharp drop in the volume of imported vehicles but a rise in overall import costs, according to data for the first nine months.
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Azerbaijan’s real estate market, particularly in Baku, continues to see significant price growth in 2024, with apartment prices up by 9.2% in the first nine months of the year. The trend is largely driven by supply shortages, inflation, and rising demand from investors, according to market analysts.
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The Small and Medium Business Development Agency of Azerbaijan (KOBİA) has focused its support efforts on the Baku economic region, approving 220 business plans from January to September 2024, underscoring its commitment to fostering business growth within the country.
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