Baku. Elnur Huseynguluyev – APA-Economics. Bank of Azerbaijan plans to become an associative member of MasterCard, said Muslum Mursalov, Chairman of the Bank.
He added that negotiations are at the final phase and will be completed early October.
The bank plans to issue Electron, Classic and Gold cards after membership.
As at July 1, the bank’s assets stood at AZN 105.109 million, loan portfolio at AZN 89.130 million, deposit portfolio at AZN 45 million, total capital at AZN 45.915 million and authorized capital at AZN 10 million.
Bank of Azerbaijan has been in operation since 1993. The bank has 18 branches, including 5 in regions.
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