(MENAFN – Development Information Company) BAKU, Azerbaijan, Might 30
By Eldar Janashvili – Development:
Kapital Bank, a number one Azerbaijani bank, has decreased POS-terminal charges with a view to present help to entrepreneurs and cut back bills of financial entities for banking providers throughout the COVID-19 pandemic, Development reviews referring to the bank’s press workplace.
As reported, the grace interval will expire on September 30, 2020.
In accordance with its phrases, a reduction of as much as 50 p.c of the at the moment imposed price is utilized within the e-commerce section and POS-terminals of the bank, each for playing cards owned by Kapital Bank, and for playing cards of different banks.
The bank famous that this step is meant to point out that the bank at all times helps entrepreneurs and attaches nice significance to the event and financing of small and medium enterprises, offering optimum situations and favorable tariff packages whatever the scenario.
Earlier, Kapital Bank, in accordance with the company social accountability technique, contributed 500,000 manat ($294,120) to the Fund to Help Combat towards Coronavirus (COVID-19).
The Bank grew to become the winner of the Central Bank of Azerbaijan’s annual award within the nomination ‘Main Bank for Cellular Banking Providers’ in 2019.