Bank Of Baku

Payments on AZIPS decrease in Azerbaijan

Payments on AZIPS decrease in Azerbaijan
# 26 August 2011 07:52 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. The payments of credit companies via AZIPS (Azerbaijan Interbank Payment System) made AZN 7.341 bln, in June, 2011, down AZN 297 mln or 3.9% compared to May and AZN 1.452 bln or 24.7% from year ago, CBA told APA.

Note that the number of payments remained unchanged at 33,000.

The average volume of per payment in June was AZN 222.500, up 3.9% from a month ago, up 9.6% from a year earlier.
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