The forum titled “A Look into the Future of the Tax System: New
Governance Model and Data-Driven Decisions” was held at the
Ministry of Economy. During the event, which focused on projects
aimed at building a digital ecosystem that enables intelligent
decision-making mechanisms based on data and supports sustainable
development, the country’s leading taxpayers were also announced.
As a result, the country’s first bank, Kapital Bank, was once again
recognized by the State Tax Service as the “Tax record holder in
the non-oil sector.”


This achievement further strengthens the bank’s position as one
of the key contributors to financial transparency, accountability
and sustainable economic growth in the region.


This award fully aligns with Azerbaijan’s strategic transition
toward a transparent, data-driven digital economy. The State Tax
Service’s vision of introducing a governance model based on
artificial intelligence and proactive analytics complements the
bank’s innovative and technology-focused approach to the
development of financial services.


Farid Huseynov, Chief Executive Officer of the Bir ecosystem and
Kapital Bank, described receiving this award for the second time as
a strong indicator of the bank’s commitment to the principles of
transparency and corporate responsibility. “At a time when
Azerbaijan is accelerating its transition to a data-driven digital
economy, we are proud that Kapital Bank is at the forefront of this
transformation.”







Kapital Bank, one of the country’s leading financial
institutions, has long supported the development of the non-oil
sector and implements projects aimed at improving entrepreneurs’
access to financial resources.


Kapital Bank, the country's first bank, is part of PASHA
Holding. Kapital Bank has the largest service network in Azerbaijan
with 115 branches and 53 departments all over the country. For more
detailed information about the bank’s products and services, please
refer to https://kapitalbank.az website, 196
Call Centre or the bank’s various social network pages. To apply
for a consumer loan visit https://kbl.az/prgtk, for a Birbank
installment card visit https://kbl.az/prcrc.