As of July 1, 2012 the total number of active payment cards issued by the Processing Center Ltd. Milli Kart amounted to 228,000 units. This is 37,000 or 19% more than recorded at the end of last year.
As reported in the center, the number of POS terminals owned by the company grew by 75% to 5.6 thousand, and the total number of ATMs increased by 7 units to 327.
The number of banks issuing MasterCard payment cards increased from 5 to 6, and the number of those producing local cards increased from 3 to 4. In the first half of this year, production of Visa cards was performed by 8 banks.
Today, Milli Kart provides services to 12 banks. - 15B -
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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