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About 70 percent of Azerbaijani banks covered by e-document management system

Business Materials 10 December 2011 15:38 (UTC +04:00)

Azerbaijan, Baku, Dec. 10 / Trend N. Ismayilova /

Six more Azerbaijani banks joined the e-document management system of the Ministry of Taxes of the country in 2011, the ministry's statement published in the newspaper "Taxes" said.

MuganBank, Amrahbank, Expressbank, Nikoyl Bank, AGBank and the International Bank of Azerbaijan have joined this system since early 2011.

"Thus, about 30 of 44 banks operating in the country have already joined the electronic document management system of the ministry. This amounts to 70 percent of the Azerbaijani banking sector," the statement said.

Electronic document management system with the banks has greatly simplified the procedure for opening accounts.

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