Payments on AZIPS drop in Azerbaijan

Payments on AZIPS drop in Azerbaijan
# 11 September 2012 09:50 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. The payments of credit companies via AZIPS (Azerbaijan Interbank Payment System) made AZN 8.856 bln, in July, 2012, down 3.8% or AZN 352 mln compared with June, 2012 and up 10.0% or AZN 808 mln compared to last year, Central Bank of Azerbaijan told APA.

The number of payments increased by 9.5% or 4,000 to 46,000 in July.

The average volume of per payment in February was equal to AZN 192.5 thousand, down 12.2% from a month ago and down 18.7% from a year earlier.
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