OJSC International Bank of Azerbaijan is recognized as the best on the results of last year's activities in the "leading bank in the development of e-commerce."
According to the information from IBA, the awards ceremony was held in the Central Bank of Azerbaijan yesterday.
The Bank also became the second in the "leader in the cashless payments in economic subjects."
Recall that the scope of e-commerce in Azerbaijan is not yet developed. Thus, in the 1st quarter of this year, the turnover of electronic retailing was at the level of 2 million 720 thousand manat. 92.7% of the goods in real time were ordered by entities.
Last year, the total turnover of e-retailers was at 6.4 million manat (0.0001% of GDP). --17D-
Economics
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