Azerbaijan, Baku, March 13 / Trend , N. Ismayilova/
The Bank Melli Iran Baku Branch will join the Azerbaijani Milli Kart processing center by the end of the month, branch head Anar Ibrahimov said.
"The bank planned to switch to the center in February," Ibrahimov said. "Cash machines and POS-terminals are being installed. The transfer was delayed for technical reasons."
He said the bank will switch to Milli Kart after the problems are addressed in late March.
"The bank could not switch to the AzeriCard center as we could not accept certain requirements given the Iranian position on world markets," Ibrahimov said.
"Milli Kart does not have these requirements," he added.
As of March 1, Bank Melli Iran's loan portfolio was 5.789 million manat and deposit portfolio - 3.812 million manat. The bank's assets hit 18.66 million manat with an authorized stock capital of 10 million manat and aggregate capital of 11.361 million manat.
The Milli Kart processing center was founded by Atabank, Azerdemiryolbank, AzerTurkbank, Bank of Baku, Azerbaijan Senayye Bankasi, Debutbank, Amrahbank, Xalq Bank, Credo Bank, Access Bank, ParaBank, RabitaBank, Bank Respublika, Bank Standard, Texnika Bank, Turan Bank, UniBank and Zamin Bank.
On March 13, the official exchange rate is 0. 0.8045 manat to $1.
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