CBA: Commercial banks responsible for issuing unsecured banknotes …


(MENAFN-AzerNews) By trend

Commercial banks are responsible for issuing unfit banknotes from ATMs, the Central Bank of Azerbaijan (CBA) told Trend.

Information about the ATMs of the International Bank of Azerbaijan issuing unfit banknotes has recently spread in the media and the Azerbaijani segment of social networks.

All commercial banks, including the International Bank of Azerbaijan OJSC, were again instructed to take further action in this regard.

In order to maintain the high quality of banknotes in circulation and effectively organize the fight against counterfeiting, the Central Bank of Azerbaijan is implementing a “Policy of clean money in circulation”.

As part of this policy, commercial banks are constantly required to issue high quality banknotes processed in automated systems or the corresponding systems of the Central Bank, ”the BCA said.

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