Baku: ABB Bank took part in a tree-planting campaign organized by the Azerbaijan Banks Association in the Mushfigabad settlement of Baku.
According to Azerbaijan State News Agency, the campaign was organized based on a Memorandum of Understanding signed by the Central Bank of the Republic of Azerbaijan, the Ministry of Ecology and Natural Resources, and several other associations including the Azerbaijan Banks Association, Azerbaijan Insurers Association, Azerbaijan Micro-finance Association, Azerbaijan Stock Market Participants Association, and the Azerbaijan Fintech Association.
The memorandum’s strategic goal is to plant 1,000,000 trees over a period of 10 years, beginning in 2023. The campaign commenced in an area designated for the creation of a forest massif in the Mushfigabad settlement. On the initial day, 625 trees were planted across a 1-hectare area. The tree planting is set to continue over a 60-hectare area in the subsequent days, with a total of 37,500 trees to be planted this year. ABB Bank, along with other organizations, has supported the installation of a drip irrigation system in the area to aid this initiative.
Further information about ABB Bank’s products and services can be accessed at their branches and offices, through their official website, by contacting their Information Center, or via their social media pages.