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Operations on International Payment Cards Suspended in Karabakh
Baku / 07.07.19 / Turan: The international organizations Visa Inc. and MasterCard Worldwide suspended the collection of assistance through payment cards on the territory of the so-called NKR as well as the acceptance of payment cards through an ATM network of a number of banks in the occupied territory.
The Financial Market Supervision Authority (FIMSA) told Turan it became possible after the meeting of the FIMSA employees with the leading representatives of Visa Inc. and MasterCard Worldwide. The organizations were informed that the banks operating in the occupied territories provide services for payment cards, carriers of international brands, and through the official website of the Ministry of Finance of the so-called NKR, financial aid is collected. -0-
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- Social
- 5 July 2019 17:56
Finance
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The Accounting Chamber has revealed shortcomings in the Baku State University and the Azerbaijan State Academy of Physical Culture and Sport.
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In 2023, the salary costs of employees of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 9.8 million manats. This is stated in the financial statements of the Fund, which were audited at the end of the last year.
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Azerbaijan's justified state budget expenditures totalled AZN 4,948 million in the first half of 2024.
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As of the end of June 2024, credit unions in Azerbaijan had a balance sheet capital of AZN 9.1 million. This is stated in the credit union review published by the Central Bank of Azerbaijan.
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