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Azerbaijan Requires More Cash Machines

Business Materials 8 September 2007 11:41 (UTC +04:00)

Azerbaijan, Barda / Тrend corr Sh. Jaliloghlu / The amount of the funds allotted to pensioners from the budget of the Azerbaijan State Social Security Fund will be increased in three stages next year, the chairman of the Security Fund, Salim Muslimov, said at the opening ceremony of the Fund's branch in Azerbaijan's Barda region.

Muslimov indicated the small number of cash machines in Azerbaijan and stressed that at present one cash machines falls on 1,400 people.

"In order to remove this problem we are negotiating with the representatives of Capitalbank and the International Bank," Muslimov said. According to him, one cash machine costs $50,000.

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