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For the 3rd month “Bank of Baku” is recognized as the leader in non-cash settlements!

30 September 2013

According to the monthly report of the Central Bank of the Republic of Azerbaijan for the month of July related to non-cash settlements, “Bank of Baku” continues to hold the 1st place in this category. According to the coefficient as calculated by the Central Bank, in relation to the number of issued plastic cards, the highest number of non-cash settlements was carried out by means of ATMs and POS terminals of “Bank of Baku”.

We wish to remind you that in the Central Bank’s report on non-cash settlements for the months of May and July, “Bank of Baku” also held the 1st position. Deputy Chairman of the Management Board of “Bank of Baku”, Mr Abbas Ibrahimov stated that by expanding the scope of the non-cash transactions, the Bank provides its support to the realization of the policy of the Central Bank of the Republic of Azerbaijan on stimulation of non-cash settlements in Azerbaijan. Mr. Ibrahimov stated: “Our Bank, continuing to pay special importance to joint efforts with the Central Bank in the field of non-cash settlements, intends to expand the scope of its credit cards related services”.

Bolkart credit card has special weight in “Bank of Baku” being one of the leaders in the plastic cards market. Thus, as of today over 150,000 citizens of Azerbaijan have an opportunity to pay for their purchases with Bolkart.

This number is the highest one among all local credit cards availing the holder of an opportunity to pay for the purchase in instalments. Bolkart, which was issued to public in the Fall of 2011, todays attracts the attention of customers and currently over 150,000 individuals are making use of this credit card on a daily basis. This card bearing the MasterCard logo provides its holder to make a payment for purchases not only in Azerbaijan, but abroad as well.

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

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