NBCBank to make available money transfers via Visa International

NBCBank to make available money transfers via Visa International
# 20 August 2008 15:10 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based NBCBank has reached an agreement with Visa International. The bank’s board deputy chair Yusif Abdullayev said technical issues are being solved at present.
“Money transfers through this system will be available in October after testing,” he noted.
NBCBank joined MasterCard in December 2006. The bank has to date issued 1 500 cards, including 500 credit cards.
As of July 1, the bank’s assets stood at AZN 34.659 million, loan portfolio at AZN 26.915 million, deposit portfolio at AZN 6.727 million, total capital at AZN 15.020 million and authorized capital at AZN 13.589 million.
NBCBank has been in operation since 2002.
The bank operates 6 branches, 4 ATMs and 33 POS-terminals across the country.
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