Russia, Georgia and CIS Payment Cards Yearbook

Azerbaijan - Summary

 

Price: £75.00
Purchase Azerbaijan Profile

Azerbaijan Market Overview

 
Azerbaijan Payment Organizations AzeriCard, owned by International Bank of Azerbaijan; MilliKart, owned by 18 small and mid-sized banks and EBRD.
   
Azerbaijan Market Structure

Based on central bank figures, there were 4.23 million cards in Azerbaijan by end-2010, an increase of almost 6% on 2009 and equivalent to 0.47 cards per capita. An estimated 70% of cards are VISA-branded.

State-controlled International Bank of Azerbaijan and the recently-privatized Kapital Bank are the dominant players.

Foreign bank investors, headed by Turkish banks and international organizations, are present in the market.

   
Azerbaijan Major Issuers International Bank of Azerbaijan, Kapital Bank, Bank of Baku, Bank Standard, Unibank.
   

Azerbaijan Key Statistics 2010

 
Azerbaijan Population 8.9 million (provisional - 2009)
Azerbaijan Cards 4.23 million

 

region

Individual Russian and CIS country profiles available to purchase separately: click a country below for summary and pricing

region
base