Total number of active cards issued by JSC "Mugan Bank" increased during the nine months of the year for 1949 units or 20.2%, reaching 11,561 units.
As reported in the bank during the reporting period, the bank has mounted an additional four ATMs, bringing the total number of the equipment up to 55-pieces. The number of POS terminals remained at 659-ti.
Mugan Bank is a member of international payment systems Visa International and MasterCard issuer of cards and Visa Electron, Classic, Gold, and MasterCard Standard, Gold, Platinum, and Business. - 15D -
Economics
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Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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