ECONOMY
International Bank of Azerbaijan increases number of payment cards
Baku, July 25, AZERTAC
The International Bank of Azerbaijan (IBA) strengthened its positions on the payment cards market, the number of which achieved 1,286,100 on July 1.
During the last year, the IBA significantly improved its service quality and efficiency of its ATM network, causing the growth of the number of both corporate and individual clients of the bank. As a result the number of salary cards, emitted by the bank, increased during the year on 44,600 and achieved 456,600 units.
During the year the number of overall transactions on the payment cards, emitted by the bank, achieved 13,715,261. Currently, 743 ATMs of the bank are installed all over the country. This ATM network is the largest in Azerbaijan. Also, the bank installed 11,124 POS-terminals in different trade and service points.