NBCO Embafinans connected to the payment system MilliON
Clients of the non-bank credit organization (NBCO) Embafinans were able to repay the loans through the payment system MilliON. Starting this week, they can take advantage of more than 1.5 thousand of payment terminals.
As noted in a statement Komtec Ltd. ( owner of the brand MilliON), for the repayment of loans by the terminal enough to screen section " Banking Services ", click on the icon "Embafinans", enter the account number to deposit money into the receiver bills and get a check . For repayments of loans Commission is not provided.
"Expanding the list of services that can be purchased through our service, for us is a priority. And we do our best to provide the public with access to make all regular payments, including payments of financial and banking services, " - said in a press release.
According to the chairman of Embafinans Ilgar Tagiyev, "in partnership with MilliON we decided partly a matter of convenience of our customers, because not everyone has the time or the opportunity to go to the bank to repay the loan and during working hours. And now our retail increased by more than 1500 points of payment. We are confident that this innovation will appeal to our customers. "
Recall that the interest of financial institutions to the system MilliON growing. This is not the first project carried out with non-banking credit organization. In addition, it is planned to install terminals in all offices Embafinans. - 17D-
Economics
-
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.
-
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.
-
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.
-
"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.
Leave a review