Bank Of Baku

Azerbaijan post offices to accept deposit

Azerbaijan post offices to accept deposit
# 08 November 2010 11:06 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. Azerbaijan-based post offices will start to accept deposits from 2011, MCIT Postal Office’s head Novruz Mammadov told APA.

According to him Azerpocht operates 5 financial service types within the frame work of Development Project of Financial Services. More 2 services – accepting of deposit and issuance of cards will be start from 2011.

He also noted that issuance of cards would be related with accepting of deposit: “Some of population’s deposits may be spent to issue the credit cards”.

Note that, 7 financial services types are expected to operate in post offices in accordance to project. 5 of them operate for the present.
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THE OPERATION IS BEING PERFORMED