11:38 - 5.03.2026

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March 5, Fineko/abc.az. The State Social Protection Fund has concluded contracts with two banks for more than 51.5 million manats for the provision of banking services.

ABC.AZ reports that the results of the tender procedure for the purchase of banking services for the payment of salaries, as well as all types of payments made by the Fund have been announced.

One of the tender winners was the International Bank of Azerbaijan (ABB). The cost of the contract with this bank is 23.573 million manats.

Another agreement for the same purpose was signed with Kapital Bank. The amount of this agreement is 28.015 million manats.

Thus, the total value of the contracts concluded by the SSPF with both banks for the purchase of banking services reached 51.59 million manats.