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“Bank of Baku” becomes the leader in non-cash settlements!

15 July 2013

The volume of transactions with plastic cards issued by “Bank of Baku” has reached its highest mark. According to the monthly report of the Central Bank of the Republic of Azerbaijan on non-cash settlements for the month of May (http://cbar.az/standalone/nagdsz-dnilr-zr-nominasiya), “Bank of Baku” holds the 1st place in this category. According to the coefficient as calculated by the Central Bank, the highest number of plastic card transactions in Azerbaijan was carried out via ATMs and POS’s of “Bank of Baku”. Thus, during the reporting month, only POS terminals were used for 166,890 transactions with cards issued by “Bank of Baku”. According to the monthly report, number of cards issued by the Bank reached 244,683. This number is one of the highest among local banks in Azerbaijan.

By supporting non-cash settlements, “Bank of Baku» makes its contribution to the realization of the policy of the Central Bank of the Republic of Azerbaijan for the stimulation of non-cash settlements in Azerbaijan. “Bank of Baku” is going to continue paying special importance to this field of cooperation with the Central Bank.

Majority of plastic cards issued by “Bank of Baku”, being one of the leading financial establishments within the segment of plastic cards in Azerbaijan, is represented by Bolkart, “Friends Club” cards issued to loyal customers, VISA and MasterCard, as well as co-branded Mybrand’s and Ideal credit cards. Bolkart credit card has special weight in the cards business of “Bank of Baku” being one of the leaders in the plastic cards market. Thus, as of today over 120,000 citizens of Azerbaijan have an opportunity to pay for their purchases with Bolkart.

You can get further details on credit cards issued by “Bank of Baku” by calling our Information Call Centre at 145 or by visiting our Facebook page at www.facebook.com/bankofbaku.

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