BAKU, Azerbaijan, Dec.24
By Zeyni Jafarov - Trend:
Around 91,700 bank accounts were recorded in Azerbaijan’s Nakhchivan Autonomous Republic as of early December 2020, which is 8 percent or 6,800 accounts more than in the same period of 2020, Trend reports citing the report of Nakhchivan’s State Statistical Committee.
According to the report, nearly 80,000 or 87.2 percent of the accounts are active.
"From January through November 2020, 34,200 bank accounts were opened in the autonomous republic, which is 5,450 units or 19 percent more than a year earlier. Almost all new accounts are active," the committee said.
As of early December this year, the number of POS terminals installed in Nakhchivan amounted to 1,400 units.
In the past 11 months of 2020, the total gross domestic product (GDP) in Nakhchivan grew by 30 percent compared to the same period of 2019 and reached 164.8 million manat ($96.9 million).
(1 USD = 1.7 manat on Dec.24)
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