BAKU, Azerbaijan, November 2. The banks in Azerbaijan received 3.5 billion manat ($2.1 billion) through fast money transfer systems from January through September 2022, which is 2.5 times more than in the same period the previous year, Trend reports citing Central Bank of Azerbaijan (CBA).
The banks received 295.6 million manat ($173.8 million) in the first quarter, while 1.81 billion manat ($1.06 billion) in the second quarter and 1.47 billion manat ($864 million) in the third quarter of 2022.
According to CBA, the banks sent 487.5 million manat ($286.7 million) through fast money transfer systems from January through September 2022.
