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AccessBank announces financial report for the 1st quarter of 2026

... .8 million, compared to the end of 2025, reaching AZN 248.2 million, which is 5.0 times higher than the regulatory requirement. The key drivers behind this growth include the expansion of the loan Portfolio - particularly business lending and increase in depositors’ confidence to the Bank, as well as the attraction of new international fun ...

Kapital Bank expands financing of energy efficiency projects

... l loans aimed at promoting energy efficiency measures. This includes the terms of such loans, procedures for their accounting, monitoring of their intended use, repayment mechanisms, as well as the rePorting obligations of the authorized credit institution to the agency. In his speech, Samir Akhundov emphasized the purpose of the project and hig ...

“Digital Transformation and Book Publishing” Seminar Held at BSU

... growing impact of digital transformation on the publishing industry. She highlighted the rapid shift from traditional to digital publishing, the increasing role of artificial intelligence, and new opPortunities created by modern technologies. The presentation also addressed key issues such as copyright protection, information security, and acad ...

Restoration of Lachin's historic "Beylik Gardens" underway with KRF support

... On April 11, a tree-planting campaign was held in the area known as "Beylik Gardens" in the village of Beylik, Lachin district, with financial supPort from the Karabakh Revival Fund and organized by the "Restoration, Construction, and Management Service in Lachin District" PLC. The campaign was attended by Masim Mammadov, Spe ...

Azerbaijan’s Transport Sector Experience Once Again Highlighted as an International Best Practice

... In the International TransPort Forum (ITF) rePort titled “Vision-Led TransPort Planning: A guide for policymakers,” the transPort sector reforms implemented by Azerbaijan have been highlighted as a positive example of best practice. The rePort emphasizes that modern transPort planning should not be limited solely to infrastructure pr ...

BSU Astrophysicists: Meteor Shower Expected at the End of April

... A spectacular cosmic phenomenon—the "π-Puppid" meteor shower—will be seen at the end of April. This was rePorted by the Department of Astrophysics of the Physics Faculty of Baku State University (BSU). According to the information, the meteor shower's peak activity will occur between April 22 and 24. This meteor s ...

Become a shareholder of PASHA Bank with Birbank Invest

... Birbank Invest is introducing a new investment opPortunity for its users. Starting today, Birbank Invest users can directly become shareholders of PASHA Bank. This new feature enables users to join the Initial Public Offering (IPO) process through the mobile application and take advantage of opPortunities emerging in the local capital market. As ...

In the first quarter, 6.6 million tons of oil and 12.6 bcm of natural gas were produced

... and 0.1 million tons from the Absheron field. Oil production (including condensate) by SOCAR amounted to 1.7 million tons. During this period, 5.2 million tons of oil (including condensate) were exPorted. Of the total exPorts, 4.8 million tons accounted for consortiums, 0.3 million tons for SOCAR, and 0.1 million tons for JOCAP. It should be ...

Historic milestone: PASHA Bank IPO subscription opens!

... ilestone in the Bank's strategic development. "As a financial institution committed to transparency, sustainability, and long-term value creation, we consider this step strategically imPortant. Through this decision, we aim to share with a broader investor base the value we have built over the years together with our customers and pa ...

“Ideal conditions have been created here for all types of gymnastics”

... and during this time we are trying to make the most of the conditions created here. As you know, the Rhythmic Gymnastics World Cup will be held in Baku in the coming days, and preparation for this imPortant competition is of special significance for us. That is why we decided to arrive a bit earlier from Brazil to speed up the adaptation process a ...

AERA and Azer-Turk Bank OJSC sign cooperation agreement

... el Nabiyeva provided information about Azer-Turk Bank OJSC, noting the bank’s interest in financing projects related to the development of the non-oil sector. She reiterated the bank’s supPort for providing preferential loans from the Fund for energy efficiency projects and expressed her satisfaction with the cooperation in this field. ...

Karabakh Revival Fund among Azerbaijan’s 100 largest taxpayers

... ct taxes (VAT and excise duties), and 74th in terms of the total amount of taxes paid. KRF’s position reflects the returns generated through the responsible management of funds donated to supPort the Fund’s mission. The income earned by the Fund through effective investment activity not only provides additional financial resources ...

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