Range of products made in Azerbaijan's Nakhchivan expanding

Business Materials 24 September 2020 13:04 (UTC +04:00)
Range of products made in Azerbaijan's Nakhchivan expanding

BAKU, Azerbaijan, Sept.24

By Fidan Babayeva – Trend:

Some 384 kinds of various products were made in Azerbaijan’s Nakhchivan Autonomous Republic (AR) from January through August 2020, of which 127 kinds accounted for food products, and 257 - non-food, Trend reports referring to a report of the Nakhchivan AR's State Statistics Committee.

At present, 350 goods (108 food and 242 non-food ones), completely meet demand through the local resources.

As of September 1, 2020, the number of bank accounts opened in banks of the Nakhchivan AR is 89,706, of which 78,364 ones (87.4 percent) are active ones.

The number of POS-terminals installed to date in the Nakhchivan AR has reached 1,346.

From January through August 2020, banking and non-bank credit organizations of the republic issued loans in the amount of 119.4 million manat ($70.2 million) to legal entities and individuals. Meanwhile, the value of the gross domestic product (GDP) amounted to 1.84 billion manat ($1.08 billion), which is 0.7 percent more compared to the same period of 2019.

(1 USD = 1.7 AZN on Sept.24)


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