BAKU, Azerbaijan, June 24. Information and analytical SME Banking Agency named the best online banks for business in Azerbaijan, with a developed ecosystem for small and medium-sized businesses and mobile banking for business, Trend reports.
According to the results of the international "Banks with a developed ecosystem for Business - Ecosystems 2023" study conducted by SME Banking Agency, Kapital Bank, the International Bank of Azerbaijan and PASHA Bank are the banks with a developed ecosystem.
SME Banking Agency experts analyzed 30 non-banking services for legal entities and individual entrepreneurs offered by 80 banks from Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Uzbekistan, and Ukraine.
Moreover, according to the results of the international "The best Internet banks for business - Business Online Banking 2023" study, SME Banking Agency experts believe that PASHA Bank, Unibank and Kapital Bank have the best internet banks for SMEs in Azerbaijan.
A total of 50 banks were analyzed according to 120 criteria.
PASHA Bank and Kapital Bank were also named the best banks with mobile banking for business according to the results of the "Efficiency of mobile banking for business — Mobile Business Banking 2023" study.
The shortlist of this study included 25 mobile banks from 6 countries of Eastern Europe, the Caucasus and Central Asia. Each of the applications was evaluated according to 110 criteria. The trends and best practices of mobile banking for business in the region were also studied.
SME Banking Agency has more than 20 banks in 5 countries: Azerbaijan, Ukraine, Kazakhstan, Moldova, Kyrgyzstan. Moreover, SME Banking Agency is an international platform that unites business bankers in order to exchange information, analytics and experience, and studies how local, regional and global markets for micro, small and medium-sized business customer service are developing.
