The Number of Banks that Have Joined the System of Money Transfers Monex Grew to 23
The money transfer system Monex, which is a project of Muganbank, has been joined by Nakhichevan Bank, Bank of Azerbaijan and AFB Bank. The information was reported to the department of public relations of Muganbank by the project manager of the system of money transfers Monex Vusal Ibraghimov.
After reporting the completion of the registration of the aforementioned banks in the system Monex, Vusal Ibraghimov said that technical issues related to the accession of new branches and offices of banks to the system is completely solved. Thus, the geography of the system Monex expanded and the number of banks that have joined the system has reached twenty-three.
The project manager said that the negotiations with other banks wishing to join the system. Speaking about plans to enter the system Monex on an international level, Ibraghimov informed that negotiations are underway to expand the existing system in Georgia, the establishment and development of the system in Russia, Turkey, Ukraine, China and the United Arab Emirates.
Recall that the system of money transfers Monex, created in 2011 by the JSC Muganbank serves customers in more than 500 branches and offices of 23 banks in the country. Through this system, customers are able to quickly send and receive money within the country and in Georgia. - 15D -
Economics
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review