Local banks to operate during Novruz holiday
By Amina Nazarli
Commercial banks of Azerbaijan will operate during the Novruz holidays.
The Financial Market Supervisory Body tasked the banks not to stop the activities of the central branches during the Novruz holiday that is March 18-26.
The decision was probably made after the currency exchange problems that tourists faced during the national holiday -- Novruz – last March, when many local banks did not work, and foreign tourists faced difficulties with bank operations.
Thirty two banks, including two state-owned, operate in Azerbaijan.
In 2016, the number of tourists visiting the Land of Fire amounted to 2,242 million people and this is 11.7 percent more than in 2015.
The majority of tourists came from Russia, Georgia, Turkey and Iran making up 33 percent, 22.5 percent, 13.9 percent and 10.9 percent, accordingly.
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Amina Nazarli is AzerNews’ staff journalist, follow her on
Twitter: @amina_nazarli
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