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Central Bank has published statistics on digital banking

    • Research
    • Finance
  • 04 August 2021

Out of the 26 banks operating in Azerbaijan as of 1 July 2021, 24 provide Internet banking services and 22 provide mobile banking. During the reporting period significant progress was observed on the statistical indicators of digital banking services, banks.az reports with reference to the Central Bank.

Thus, in the 1st half of 2021, the total number of transfers from the current accounts of the bank's customers amounted to 25.5 million transfers for AZN 93.3 bn. 76% by quantity (19.3 million transfers) and 70% by volume (64.9 bn transfers were carried out through digital banking.

In the 1st half of 2021 the volume of client transfers made through Internet banking services increased by 58.5% (against the same period of last year), and the volume of transfers made through mobile banking services increased by 2.4 times up to 59 bn and AZN 1.6 bn, respectively.

  • Tags:
  • central bank
  • banks
  • Registry:
  • Central Bank of the Republic of Azerbaijan

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