Source: AccessBank

BAKU, January 14 – AccessBank has begun to accept utility payments at all Baku branches of the bank, including the Central, Khalglar Dostlugu, Babek, 20th January, Airport, Azadlig, Elmlar Akademiyasi, Sabail, Bul-bul and Bakikhanov branches. Plastic cardholders can also pay their utility bills via AccessBank ATMs throughout the Absheron peninsula. In addition, plastic cardholders can pay for mobile telephone services at ATMs throughout the Azererbaijan. AccessBank does not charge clients any commission or fees for utility payments.

Dr. Andrew Pospielovsky, General Manager of AccessBank, welcoming the new service, said: “AccessBank aims to provide a full range of financial services to our customers and to simplify their lives. Now our customers do not need to go to different places to pay their bills and can pay them all at once.”

AccessBank is the leading Micro and Small business lender in Azerbaijan, disbursing over 4,000 business loans for over USD 20 million every month, with 20 branches across the country.

AccessBank has been recognised as the most reliable private bank in Azerbaijan by Fitch Ratings (BB+) and is 100% foreign owned by six shareholders, including the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), the Black Sea Trade and Development Bank, KfW – the Development Bank of the German Government (20 percent share each), AccessHolding – a strategic investor in microfinance (16.5 percent), and LFS Financial Systems GmbH – a German consulting company (3.5 percent).