On the eve of the professional holiday of workers of oil industry Unibank launched a new credit campaign. From 15 September to 30 November the bank is ready to lend all the oil workers on favorable and preferential terms.
According to the report of the bank, the interest rate on these loans is reduced by 2 percentage points. In addition, it made possible cash loans for up to 30 months without a guarantee on the basis of official licenses. The campaign loans to 1,500 manat issued without certificates of employment and in the provision of such information, this amount could grow to 5,000 manat.
It should be noted that the bank does not impose any additional conditions to borrowers in terms of monthly income or employment history. Cash loans can attract even those customers who currently have credit obligations to other banks. When you borrow on a 30-month period, in the first 6 months may be paying off only the interest on the loan. As part of the action all petroleum based identification cards will also be able to get a free taxi-card ALBALI, whose face value will be 500 manat. - 15D -
Economics
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The latest data from the State Statistics Committee reveals that as of December 1, 2024, the total number of salaried workers in Azerbaijan stood at 1.775 million, with 884,400 employed in the public sector and 890,900 in the private sector. This figure falls significantly short of the government's ambitious targets set seven years ago, raising concerns about employment opportunities, particularly for the country's burgeoning youth population.
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Azerbaijan's legal and physical entities engaged in trade operations with partners from 176 countries between January and November 2024, exporting goods to 120 nations and importing from 167, according to the State Customs Committee.
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Azerbaijan's retail trade turnover climbed 3.9% in real terms in 2024 compared to the previous year, reaching a total of 62.2 billion manats, the State Statistics Committee revealed. Food, beverages, and tobacco accounted for 34.1 billion manats, while non-food products contributed 28.1 billion manats to the total.
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