The share of non-cash payments in the total turnover in Azerbaijan until 2025 will amount to 25 percent, President of the Azerbaijan Banks Association Zakir Nuriyev said at the 5th International Banking Forum in Baku, Trend reports.
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The number of contactless transactions with payment cards in Azerbaijan over 2020 amounted to about 118 million, President of the country's Banks Association (ABA) Zakir Nuriyev said at the Fintex Summit Online event, Trend reports on Jan.28.
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Under the leadership of President of Azerbaijan, Supreme Commander of the Azerbaijani Armed Forces Ilham Aliyev, Azerbaijani army continues to cleanse the occupied territories from Armenian vandals and hoist the Azerbaijani flag in the liberated cities, settlements and villages, the Azerbaijan Banks Association told Trend on Oct. 26.
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Today, there are no macroeconomic, financial or other factors in Azerbaijan that could lead to reduction of the manat rate, Zakir Nuriyev, head of the Azerbaijan Banks Association, told Trend on April 16.
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Opening of currency exchange offices by individuals and legal entities won’t affect the profit of banks in Azerbaijan, Zakir Nuriyev, chairman of the country’s Banks Association (ABA), told Trend on January 11.
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Azerbaijan Banks Association (ABA) has forecasted a serious decline in the country's banking market.
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