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Azerbaijan's Central Bank submits bill on payment services, systems to government

Economy Materials 29 April 2022 16:03 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 29. The Central Bank of Azerbaijan (CBA), in agreement with the relevant government departments, has submitted a bill "On payment services and systems" to the government for consideration, Farid Osmanov, executive director of the Central Bank of Azerbaijan (CBA), said, Trend reports.

Osmanov made the remark at a press conference on April 29 in Baku.

He also noted that in the first quarter of 2022, non-cash payments in Azerbaijan increased by 2.1 times compared to the same period of last year - up to 4.4 billion manat ($2.6 billion).

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