Action to Cash from ALBALI Cards Started
Unibank started an action to cash from ALBALI cards, regardless of their denomination. Now every owner of a free card is able to get up to 200 manat in cash from the bank's ATMs.
In this case, you can cash out an amount equal to 100, 150 and 200 manat. All cardholders of ALBALI that have cashed the money will keep interest-free repayment of this amount in equal installments over the next three months. The commission on operations with cashing card accounts ALBALI with make 5%.
ALBALI cards are actively used by customers for cash payments. Their owners can shop through POS-terminals in shops, department stores and service outlets of 84 partners of the bank. Unlike other cards, ALBALI, along with POS-terminals, are accepted in a number of shops, as well as the famous portal for payments www.hesab.az. When purchasing goods and services through ALBALI, payment of their value is divided by several months (up to 12 equal payments) and implemented from the 1st to the 10th day of each subsequent month. In addition, card transactions ALBALI through POS-terminals in the bank's partners give the owners as a bonus back a percentage of their purchase.
Recall that the issue of cards with no interest in a credit line and the possibility of bonuses were started by Unibank on July 13 of this year. ALBALI cards are available to customers of the bank at an interest rate of 0% and without paying any commission. They allow you to draw a line of credit of up to 3,000 manat for up to 36 months. We should also note that when ordering cards ALBALI no guarantee is required. -15D ---
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- Economics
- 24 September 2012 14:24
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- Question-answer
- 24 September 2012 14:43
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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