Baku, Azerbaijan, Dec. 17
By Abbas Akhundov - Trend:
Azerbaijan Bank Technique OJSC will launch online banking service starting in early 2014, the bank's chairman Ulvi Mansurov told Trend on Dec. 17.
"According to our research, this online banking service is the most functional in the country. Testing is being completed at the moment, and the product will go to the masses starting from the beginning of next year," Mansurov said.
Mansurov said that the bank plans to provide over 15-20 percent of non-cash transactions via the internet in the first half of 2014.
"We intend to develop retail through online banking," he noted.
Mansurov also said that from the point of view of a quantitative proportion, the number of retail customers today prevails at a ratio of 70 percent to 30 percent, whereas from the point of the volume of operations and profitability, the corporate segment is prevailing.
Bank Technique OJSC has been operating in the Azerbaijani banking market since 1994. As a result of successful re-branding in 2012, it was able to create its image as the leading bank. Standing out for successful and rapid development in the banking sector, Bank Technique offers a wide range of banking and financial services in Azerbaijan.
Currently the bank provides services in 32 branches and 8 bank departments in Baku, Absheron, Ganja, Sumgait, Guba, Mingechevir, Gabala, Sheki, Bilasuvar, Neftchala, Jalilabad, Khachmaz, Tovuz, Agstafa, Lankaran, Balakan and Terter.
Translated by E.A.
Edited by C.N.