#payment
Latest news and interesting information about payment.
Insurance market in Azerbaijan grows 17%
Azerbaijan's insurance market grew 17% in five years. Abas Miskərli at AIIF 2026 said the market expanded 11% in 2025, and insurance penetration reached 1.63% of GDP.
Funds deducted from cards: ABB official statement
Official statement on fund deductions and negative balances at ABB and other banks. Details on technical issues.
"Kristal" projects: affordable home ownership opportunity
Discover affordable apartments at Kristal's Bilajari and Park Xirdalan complexes with flexible payment plans.
Changes in compulsory insurance types expected
Central Bank of Azerbaijan announces changes in compulsory insurance types. Motor insurance limit remains at 5 million manats with automatic restoration.
New Payment Module to Be Applied in TQH (MİQ)
A new payment module for the Teacher Recruitment (MİQ) system is to be implemented. Project cost is 513,827 manats.
PFL pays 2.61 million AZN to clubs
PFL pays 2.61 million AZN to clubs. Bonus fund formed from foreign player fees. Gabala received the highest bonus.
New funding model: How will the state pay private kindergartens?
President Ilham Aliyev signs decree on new funding model for preschool education. State, parents, and private sector to share costs. Expert insights.
Rent-a-Sister: New Service in China
Women aged 30-40 in China offer "big sister" rental services to younger girls for companionship and advice.
Worker dies at Teymuroglu Construction site
Teymuroglu Construction fined after worker dies in accident at Baku construction site. Court imposes 5,000 manat penalty.
Writers' Union halts membership acceptance
Azerbaijan Writers' Union stops accepting new members until 2027. Annual membership fee is 15 manats. Late payments lead to expulsion.
Payment for yard wells? Official response
Official statement on whether citizens must pay for using wells in their yards. ADSEA clarifies fees apply only to businesses.
Pension payment date announced
The date for full pension payments across the country has been announced: June 19. Preferential pension payments will also be transferred on the same day.
Azerbaijan buys back $2 billion eurobonds
Central Bank of Azerbaijan announces $2 billion buyback of Southern Gas Corridor eurobonds. Decline in portfolio investments explained.
3.2B manat allocated for pensions in 5 months
5-month pension spending hits 3.2B manat, average pension rises 10% to 594 manat.
Trump: $300 Million to Iran is Fake News
Donald Trump denies reports that the US will pay $300 million to Iran, calling them fake news.
How Are Interest Rates Set in NBFIs?
How are interest rates determined in non-bank financial institutions? Read about reasons and public dissatisfaction.
Thai Police Officer Shoots Motorbike Taxi Drivers, 1 Dead
A Thai border police officer shot motorbike taxi drivers in Bangkok after a dispute over payment, killing one and wounding two. The officer surrendered.
How to avoid problems with casco insurance?
What to do to avoid problems with casco insurance? Experts advise: clarify the deductible, market value, and contract terms with the agent.
Pension payment date in Baku, Sumgait, Absheron
Pension payment dates announced for Baku, Sumgait, and Absheron: June 12.
Trump: "I Love Inflation"
US President Donald Trump says he loves inflation. He claims prices will drop after the war with Iran ends. Learn about rising US debt and its impact on the economy.
AzParking responds to allegations
AzParking officially responds to allegations of technical errors and fines. Learn about the payment system and security.
Minister: Use of VAT account funds to be expanded
Minister of Economy Mikayil Jabbarov announced the expansion of using VAT account funds for social insurance payments and other state obligations.
Incentives in the Great Return program
The Great Return program includes incentives on taxes, customs, and social payments. Minister Mikayil Jabbarov provided details.
State to pay credit interest for farmers
State to pay credit interest for farmers. New mechanism aims to support the agricultural sector.
Car insurance rules change
Starting June 21, the rules for calculating car insurance premiums are changing. New rules will apply a insurance history coefficient.
Son accused of parents' murder demands trust access
Nick Rayner, accused of killing his parents, demands access to their trust fund. Learn about the murder case, charges, and legal battle.
Railway infrastructure rules approved
The Cabinet of Ministers approved rules for maintaining and using railway infrastructure. Details on safety, smart systems, and payments.
BakiKart price rises to 3 manats
BakiKart card price rises from 2 to 3 manats from July 1. Fares unchanged.
Rental indices for new and old buildings announced
Rental indices for new and old buildings announced. Stability and balanced development in the housing rental market continue.
China's 34th Floor Scam
A Chinese man bought an apartment on the 34th floor, but the building only had 32 floors. The court ordered the company to refund his money.
...