Baku, Azerbaijan, April 7
By Huseyn Valiyev - Trend:
Azerbaijani postal operator - Azerpoct LLC predicts a 50 percent revenue growth until the end of the year, taking into account the funds received from the provision of financial services to the population.
The revenues of the postal operator totaled one million manat in 2013, which is about six times higher than in 2010.
The revenues of the postal operator is expected to reach 1.5 million manat in 2014 Annual revenue growth of income expected in the level of 20-30 percent.
Azerpoct LLC has an extensive network of postal services - more than 1,600 nationwide offices.
The postal operator also provides financial services along with the traditional postal services. The LLC started providing financial services in April 2012 in accordance with the license of the Central Bank of Azerbaijan.
Banking services to postal operators are implemented with the help of an automated corporate information system, to which about 900 branches and offices of postal services located throughout the republic are connected.
The operator is allowed to provide services for opening and managing accounts, money transfers, issuance of debit card transactions, operation on buying and selling of currencies on the client's order, encashment and other valuable assets.
The provision of two additional services - attraction of deposits and issuance of credit cards will be considered in the future.
The official exchange rate on April 7 is 0,7844 AZN / USD.
Translated by S.I.
Edited by C.N.