{"id":6928,"date":"2017-01-25T14:08:40","date_gmt":"2017-01-25T14:08:40","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=6928"},"modified":"2018-08-08T05:56:51","modified_gmt":"2018-08-08T05:56:51","slug":"iba-service-pension-stimulates-growth-in-non-cash-payments","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/iba-service-pension-stimulates-growth-in-non-cash-payments\/","title":{"rendered":"IBA service \u201cPension+\u201d stimulates growth in non-cash payments"},"content":{"rendered":"

The International Bank of Azerbaijan (IBA) has adopted a new initiative to support retirees. The \u2018Pension+\u2019 program allows IBA pension cardholders to receive a loan of up to AZN 100. The loan is only available once a person\u2019s monthly pension has been spent. The loan is then automatically repaid from the next month\u2019s pension. The initiative hopes to both popularize non-cash payments with pension cardholders and educate the older population to reduce the digital gap between generations.<\/p>\n

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