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ATMs of Azerbaijan's Muganbank suspend operations

Finance Materials 18 October 2023 12:38 (UTC +04:00)
ATMs of Azerbaijan's Muganbank suspend operations
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 18. The operations of ATMs of Azerbaijan's Muganbank throughout the country have been suspended, the bank's press service told Trend.

The press service explained that the activities were suspended due to a system update.

At present, it's possible that funds can only be withdrawn at ATMs belonging to other banks, the press service noted.

Azerbaijan's Muganbank JSC was founded in 1992. The main tasks of the bank were active participation in the development of Azerbaijan's economy, providing all types of banking services to a wide range of the population and at the same time striving to become one of the leading financial institutions in the banking system.

The bank seeks to strengthen its market position by continuing its activities as a universal bank for small and medium-sized enterprises with a branch network located in the regional centers of the country, focusing on the population, small and medium-sized enterprises.

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