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Green energy production increased by 64.5 million kWh in 9 months

... C (17070.6 million kWh at TPPs, 2401.1 million kWh at HPPs, 49.0 million kWh at SPPs), 21.5 million kWh at WPPs on Azerishig OJSC, and 2256.5 million kWh on Independent Power Plants. In the rePorting period, electricity imPorts amounted to 145.4 million kWh while exPorts amounted to 989.6 million kWh. ...

CBAR Held an Event on the “Special Regulatory Regime” and Innovation in the Financial Sector

... logies and building a digital banking ecosystem in the country. As part of these efforts, on October 15, the CBAR organized an event titled “Special Regulatory Regime – Outcomes and New OpPortunities.” In her opening speech, Fidan Tofidi, Director of the Financial Technologies and Innovations Department of the CBAR, emphasized ...

Yelo Business App unlocks new opportunities for entrepreneurs!

... Yelo Bank continues to enhance the Yelo Business App to simplify the daily operations of entrepreneurs and provide them with innovative banking solutions. With the latest update, business owners can now make tax and customs payments directly through the app, saving valuable time and effort. Managing expenses has never been easier - just a few taps, ...

Birbank Biznes is offering small business owners loans on favorable terms - 10 000 AZN for just 350 AZN per month

... 31, clients who take a microloan will pay only 350 AZN per month for every 10 000 AZN borrowed. The campaign applies exclusively to loans issued through the Birbank Biznes mobile app, and, most imPortantly, without any additional fees. Apply now: https://www.b-b.az/kqss As a product of Kapital Bank, Birbank Biznes is committed to supPorti ...

Cybersecurity awareness month - “Stop, think, verify!”

... ework, various initiatives are carried out to raise public awareness about cybersecurity and promote cyber hygiene practices among individuals and organizations. In recent years, one of the most imPortant questions in our country has become: how can we protect ourselves from cyber fraud? To address this, with the supPort of the Central Bank and ...

Baku Higher Oil School, PASHA Capital sign Memorandum of Understanding

... m provides for the organization of industrial internships for students at the company, the conducting of trainings and seminars for students by the company employees, and the creation of employment opPortunities for students and graduates. Speaking at the signing ceremony, Elmar Gasimov noted that this cooperation would create new internship opp ...

TuranBank announced its financial results for the third quarter of 2025

... OJSC, has announced its financial results for the third quarter of 2025, demonstrating stable growth and maintaining its strong market position across key financial indicators. As of the end of the rePorting period, the Bank’s total assets increased by 5%, reaching AZN 893 million. In line with its strategic goals, TuranBank continued to acti ...

AccessBank implemented the Access2Success project in Nakhchivan to support women entrepreneurs

... AccessBank held its Access2Success project - implemented to supPort the development of women’s entrepreneurship - this time in Nakhchivan. The event brought together women entrepreneurs from various sectors, including trade, pharmacy, jewelry, fashion, and others. As part of the project, AccessBank specialists conducted interactive sessio ...

Yelo Bank ends the third quarter with profit

... the Bank’s key financial indicators continued throughout the third quarter. During this period, Yelo Bank earned a profit of approximately 25 million manats. Notably, both the deposit and loan Portfolios exceeded 1 billion manats. Since the beginning of the year, the loan Portfolio has grown by more than 12%, reaching 1 billion 53 million ...

During 9 months, 20.7 million tons of oil and 38.2 bcm of natural gas were produced

... while Shah Deniz for 2.9 million tons (gas condensate) and Absheron for 0.4 million tons (gas condensate). SOCAR's oil output amounted to 5.4 million tons (including condensate). During the rePorting period, the volume of exPorted oil, including condensate, amounted to 17.4 million tons. Among these, consortium accounts for 14.9 million ton ...

AERA Board Chairman attends international event in Ankara

... a, attended by chairpersons, presidents and commissioners of ERRA’s member regulatory bodies. The meeting addressed pressing issues faced by ERRA member institutions. The event provided an opPortunity for participants to get informed on electricity and gas supply, renewable energy, as well as consumer-related issues in member countries. ...

Kapital Bank announces financial results for the third quarter of 2025

... deposits totaled 8.67 billion AZN. The bank’s total capital after deductions stood at 1.09 billion AZN, and the amount of ordinary and preferred shares was 265 million AZN. Net profit for the rePorting period amounted to 229 million AZN. Kapital Bank holds credit ratings from the international rating agencies “Moody’s” an ...

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