Number of outstanding active cards of Azerbaijani banks increased in November 2012 to 106 000 units, reaching 5,071,000. Annual growth was 11.8%.
In January-November, cardholders carried 51.187 million transactions totaling 7891 million manat. With the growth of the total number of payments by 11.6% and their volume by 22.2% compared to the same period in 2011, the number of credit card transactions increased by 45.8% to 3.713 million, while their turnover - 38.6 % to 969 million manat.
The main part of card transactions in the period of last year still fell on ATMs - 43 990 thousand transactions in the amount of 6826 manats. Of these, 98.6% for operations connected with the withdrawal of cash.
Service cards are produced through 2240 ATMs and 36,482 POS-terminals. For the period reported, the number of ATMs increased by 6.5% and the number of POS terminals grew 2.9 times.
As of December 1, 2012 in Baku there was established 1,249 ATMs and 33,333 POS-terminals. In objects service operates 34 781 POS-terminals, including in Baku - 32 204 POS-terminals. - 15V -
Economics
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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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