Azerbaijan, Baku, Nov. 1 / Trend , N.Ismayilova /
The International Bank of Azerbaijan (IBA) reports that it has installed new cash machines in 18 inhabited localities and POS-terminals at 736 trade and service companies.
The park of cash machines grew up to 623 and POS terminals up to 3,668.
The IBA's market share in terms of cash machines made up 32 percent and 32.4 percent in terms of POS terminals. Since early 2011, the bank has issued 60,000 new cards, bringing their number up to nearly 2 million. The market share has reached 33 percent.
The IBA was established in 1992 as the successor of the Azerbaijani branch of Vnesheconombank.