ATMs and POS Terminals in Azerbaijan
The Central Bank of Azerbaijan (CBA) reported that in Azerbaijan by 1 May there were 2,642 existing ATM (+ 1.3% YTD). Most of them (1,484 units) are in Baku, while 1,158 are in the country.
In the context of the first European Games growth in the number of POS terminals was recorded (+ 6.9%) up to 78,039 at trade and service outlets. In Baku there are 49,824 (-0.5%), and in the regions there are 28,215 (+ 22.9%). Almost all of them (98.2%) operate in retail trade facilities (76,605). --17D-
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- 12 June 2015 13:59
Economics
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The Azerbaijani government is determined to stabilize oil production. This intention was announced by President Ilham Aliyev earlier this year. "Work is underway to stabilize oil production, and I believe we will see results in the near future. We need stable oil production, and this task has been set before the investors," he remarked during one of his speeches.
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