Digitalization

We digitalize services for our customers through an
easier and affordable access

Entrepreneurs Club

We contribute to the development of small and medium enterprises (SMEs), which are one of the main directions of our economy, and properly assess the opportunities for business development.

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Mobile banking

We have invented mobile banking for an easy access to customer services. You can manage your account and finances, make payments, send money at your fingertips.

IBA Link

We have launched the IBA Link service, which performs the function of a virtual POS terminal. Every entrepreneur can set up their e-commerce system within a maximum of 2 days by joining this service.

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Distant Account

We have enabled our online services to be accessible remotely. Any legal entity or individual entrepreneur with the signature "ASAN" can use this opportunity.

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We help building an ecosystem of
innovative projects

Webinars

Past

19.04.2020 10:30

Payment in Evolution Webinar

The International Bank of Azerbaijan presents a series of IBA Innovation Webinars. The first topic is “Evolution of payment systems”. Join the first webinar of the series! Get answers to your questions from experts in the field of FinTech.

- What development paths have payment systems gone through?
- What will the payment systems be like in the future?
- How to prepare for the changes caused by new challenges?

Speakers:
1. Mustafa Baltaci - Co-Founder of KOOPHub, a community enabler and accelerator of innovation and technology programs in Turkey and around. He is also the Chairman of FintechPark, an advisory boutique for financial services industry in EMEA.
2. Farid Guliyev – CEO at Azericard LLC, Chairman of the Executive Committee
3. Erdem Chakar – Vice-President at Mastercard

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Past

02.09.2020 10:30

FinTech and Regulation Webinar

The International Bank of Azerbaijan presents a series of IBA Innovation Webinars. The second topic is “FinTech and Regulations”. Join the second webinar of the series! Get answers to your questions from experts in the field of FinTech.

Topics:
- What does IBA do on financial innovation?
- A brief history of financial regulations towards fintech and innovation.
- Today: hot topics and trends in financial regulation.
- Market structure in fintech industry.
- Future outlook.

Speakers:
1. Mustafa Baltaci - Co-Founder of KOOPHub, a community enabler and accelerator of innovation and technology programs in Turkey and around.


2. Gunel Bakhshiyeva - Gunel has a accountDirector of Legal Department at The International Bank of Azerbaijan

3. Umurcan Gago - Partner at PwC / GSG Attorney's at Law

4. Tural Feyzullayev - Deputy Director - Head of Financial Markets Legal Support Division at Central Bank of the Republic of Azerbaijan.

5. Rostyslav Dyuk - Rostyslav has a accountChairman of The Board at Ukrainian Association of FinTech and Innovative Companies

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Past

16.09.2020 10:30

Open Banking Webinar

The International Bank of Azerbaijan presents a series of IBA Innovation Webinars. The third topic is “Open Banking”.
- What are the most relevant areas for open banking?
- What are the main challenges in the meantime?
- What is the developing line for the usage of "Open Banking" practices?
- Will the legislation be interested in the creation of ecosystems and create conditions, or will it be more conservative? Why?
- Is it possible for "Open Banking" to be successful in an unregulated market? How?
Join the third webinar of the series! Get answers to these questions from experts in the field of banking.

Speakers:
1. Majid Mammadov – Advisor to the Supervisory Board, the International Bank of Azerbaijan.
2. Luca Borella – Co-founder of Algoritmica.ai; Business Development, Open Bank Project.
3. Pavel Shoust - Executive director, Russian Electronic Money and Remittance Association.

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All webinars

Partners

Questions we get asked a lot…

Open Innovation is a concept and practice of businesses and organizations sourcing ideas and solutions from external sources as well as internal ones. Open innovation in banking relates innovation programs i.e. hackathons, incubation, acceleration but also to availability of product integration towards API services.
We have created our innovation center to support and nurture the digital transformation drive that has been undertaken at IBA. We are upscaling our web and mobile services through our digitalization program. The Innovation Center will pave the way to sourcing ideas and solutions externally and internally in improving the current digital services.
IBA Innovation Center is an innovation initiative that supports the Bank’s digital and online services through startups with new technology ideas, products, solutions or services. IBA Innovation Center is well aligned with the IBA’s strategy to expand SME and retail banking solutions by leveraging innovation and technology.
Our primary goal is to enable a leading and sustainable fintech ecosystem in Azerbaijan and its region. We aspire to foster innovation in financial services, enhancing digital platforms for SMEs and individuals, bringing up best talents towards programming languages, supporting entrepreneurs for their innovative ideas, and making the most out of the new technologies i.e. Artificial Intelligence, Distributed Ledger Technologies, automation and mobile services.
Hackathons, incubation, acceleration, corporate entrepreneurship, open banking and IBA Tech are the main programs under the Innovation Center. There are also community and capacity building activities that are organized and delivered within the same scope.
You can find more information about programs clicking to the following links: www.ibahackathon.com
www.ibatech.az
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Contact us

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29, Neftchi Gurban street, Sabayil district, Baku, Azerbaijan

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