Muganbank released a new map called Mugan Junior. At the time when everything is rapidly digitized and changing, people, especially young people and adolescents, form a new demand. One of the main goals of Muganbank as part of the corporate social policy to benefit society and at the same time increase the number of non-cash operations. For this reason, Mugan Junior is available for free. In addition, the Mugan Junior map will help teenagers to show independence, master the basics of financial literacy and money management.
Mugan Junior is produced as an additional card to a bank account of an adult (client) and all the card operations are carried out on the client’s bank account. You can get a map by contacting any branch of our Bank, presenting a parent and child ID or birth certificate. On the cards made in two different designs in a modern style, the names of children will be displayed.
Mugan Junior map can be used for online shopping and offline. However, for security reasons, the Bank has established restrictions on certain payments and limits.
In order to promote children of proper savings management, expenses and income, the residual amount is charged income to 5% per annum.
Muganbank OJSC is one of the well-known financial institutions of the Azerbaijan Financial Banking Sector – began its activities in 1992. To date, 24 branches and 10 branches of Muganbank OJSC in Azerbaijan and the Bank’s representative office in Moscow provide customers with high-quality services for all types of bank products. OJSC “Monganbank” cooperates with international economic structures. Among the United States Agency for International Development (USAID), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), US Investment Fund – WorldBusinessCapital (WBC), private foreign investment corporation (OPIC), Islamic United Private Sector Development Corporation ( ICD), TheGreenForGrowthfund (GGF), European Foundation for Southeast Europe (EFSE) and the Round Table of Bankers Initiative “One Belt and One Way” (BRBR), initiated by the Industrial and Commercial Bank of China (ICBC).