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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-
Finance
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In January-November 2024, Azerbaijani banks purchased currency worth $6,603.9 million at auctions held jointly by the Central Bank and the State Oil Fund. This was reported by the Central Bank.
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The Center for Healthcare Provision under the Ministry of Health is holding an open tender for voluntary insurance of its goods and materials.This is reported on the unified Internet portal of public procurement.
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The possibility to issue daily loans to Azerbaijan's non-bank credit organisations (‘NBCOs’) is now available. This is specified in the ‘Rules for Credit Risk Management of NBCOs’ approved by the Central Bank of Azerbaijan (‘CBA’).
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As of the end of October 2024, Azerbaijani banks had assets worth 49,697.8 million manats.This is stated in the banking review published by the Central Bank of Azerbaijan.
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