Azerbaijani plastic cards market increases by 6.5 percent in 2010

Business Materials 28 January 2011 10:46 (UTC +04:00)

Azerbaijan, Baku, Jan.27 / Trend N.Ismayilova /

As of late December 2010, 4,231 plastic cards were in use in Azerbaijan. It exceeds the similar index in late 2009 by 6.5 percent, the Central Bank of Azerbaijan (CBA) reported

The number of operations with debit cards hit 5,013 in this period. Total amount of operations with debit cards hit 672 million manat.

Of total of 4,833 operations were carried out with debit cards through the ATM worth 629 million manat and 99,000 operations through the POS- terminals in the amount of 24 million manat.

The number of operations by credit cards hit 227,000 worth 83 million manat.

A total of 92,000 operations worth 25 million manat were carried out by credit cards through the ATM and 25,000 operations in the amount of 17 million manat through POS -terminals

As of 2010, the country possessed 1,892 ATM and 7,872 POS- terminals

Jan.27, the official exchange rate is 0.7974 manat to $1.