Number of outstanding active cards of Azerbaijani banks expanded in November 2013 to 152 thousand units , to 5,515,000 units. Annual growth is 8.8%.
In January-November cardholders carried 60616 thousand transactions totaling 9147 million manat. With the growth of the total number of transactions by 17.9 % and volume by 15.8 % compared with the corresponding period in 2012 , the number of credit card transactions grew 2.5 times to 9103 thousand, and their turnover - 58.3% up to 1349 manats. During the year the total number of credit cards increased by 2.1 times to 863 thousand units.
The main part of card transactions in the period this year still fell on ATMs - 46690 thousand transactions in the amount of 7613 million manat. Of these, 98.8 % for operations related to the withdrawal of cash.
Service maps produced by 2411 ATMs and POS-terminals 33301. For the first year, the number increased by 7.6 %, while the second number decreased by 8.8% and only in November - 5%.
As of December 1, 2013 in Baku were established 1,360 ATMs and 29,101 POS-terminals. In service facilities operated 31,897 POS-terminals, including in Baku - 28,265 POS-terminals. -15B-
Economics
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In a strategic move to bolster mechanisms against financial crimes and terrorism financing, Azerbaijan's Deputy Prime Minister, Samir Sharifov, has been appointed as the head of the newly restructured Coordinating Council on Counter-Terrorism Financing and Other Financial Crimes.
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The Chairman of Azerbaijan Railways CJSC, Rovshan Rustamov, and the head of Iranian Railways, Jabbar Ali Zakeri Sardrudi, convened in Tehran during the Joint Azerbaijani–Iranian Intergovernmental Commission meeting to bolster cooperation on the Astara terminals, key nodes in the International North-South Transport Corridor (INSTC). The talks centered on enhancing the operational efficiency and strategic significance of these terminals to facilitate growing cargo volumes between the two nations.
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Azerbaijan is accelerating its transition to green energy through the coordinated efforts of its "Green Energy Zone" task force, which recently held its latest hybrid meeting to review progress and outline future priorities. The Ministry of Energy, reporting on Wednesday’s session, emphasized the task force's central role in implementing the 2022–2026 Socio-Economic Development Strategy, a cornerstone of Azerbaijan’s ambitions for sustainable growth.
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AzerGold, Azerbaijan’s state-owned mining company, is pursuing opportunities for strategic collaboration with Turkish firms in Africa as part of its efforts to expand its presence in the global mining sector. Recent talks between Zakir Ibrahimov, Chairman of the Board of AzerGold CJSC, and Şebnem Cenk, Head of the West and Central Africa Department at Turkey's Ministry of Foreign Affairs, highlighted the potential for a mutually beneficial partnership.
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