17:45, 8 December 2022 Page views 625 views

Three Azerbaijani banks connect to SPFS, Russia’s SWIFT analogue

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“As for the Mir payment system, just like the connection of Azerbaijani banks to the financial messaging system of the Central Bank of the Russian Federation, this topic is very, very relevant,” Russian Foreign Minister Sergey Lavrov said at a press conference following talks with Azerbaijani Foreign Minister Jeyhun Bayramov. “Three Azerbaijani banks are operating already on the basis of the Bank of Russia’s financial messaging system. Also there is interest, and we see it, in the use of the Mir payment system.

Moreover, it will significantly promote contacts between people in general, as well as interaction between business entities and, of course, tourism,” the Russian minister added.