BAKU, Azerbaijan, May 17. Kapital Bank provided customers with about 3 million payment cards in 2023, Chairman of the Board and CEO of Kapital Bank Farid Huseynov said during the press conference, Trend reports.
"Last year, our customers ordered approximately 3 million debit and credit cards that we provided to them." About 50 percent were done online. Just a few years ago, there were queues at the bank for credit applications. Today, online channels account for 40 percent of loan applications, he stated.
According to him, Kapital Bank also provides customers with alternative payment options at Bir Bank.
“This has been implemented as part of the cooperation with M10. Customers can conveniently make payments by going to BirBank's section "Payment by QR code" and scanning the sticker. Now even the process of cashing out has become easier. As it is known, it is possible to make cash withdrawals at our ATMs through a mobile application," he emphasized.
He mentioned that Kapital Bank wants to be an eco-friendly bank that promotes digital services, in line with the concept of green banking.
“You know that the COP29 event is being held in our country this year. However, with our steps towards digitization, we are also showing that we are part of ESG projects, which is the goal of the whole world today. We have also included ESG projects in our compliance strategy. This allows us not only to improve our efficiency but also to have a positive environmental and social impact on society,” he added.
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