
DemirBank introduced the ability to activate cards at ATMs and POS terminals
OJSC DemirBank presented customers the ability to activate the cards at ATMs and POS terminals . Map is automatically activated during the first operation with the card when dialing customer PIN at an ATM or POS terminal.
This feature applies to all cards (except virtual cards) . This innovation is improving the quality of customer service , as now happens automatically activate the card .
DemirBank also offers customers the ability to pay their loans through ATMs. To do this, select the menu ATM in the " Services" menu "Payment loans," then enter the account number , mobile phone number and specify the amount. Payments may carry plastic cards as DemirBank, and other banks. When paying by credit commission is not charged. Currently operating in the country are about 60 ATMs . - 15D -
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- 27 November 2013 12:41
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- Economics
- 27 November 2013 13:32
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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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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