NBCO Finans Kredit decreased – assets reduced

Non–bank credit organization Finans Kredit LLC earned interest income of 353,000 manats and net profit of more than 133,000 manats in the first half of 2024.

Central Bank currency rates for 17 October

Azerbaijani manat rate has increased to the euro and to the Russian ruble, while is stable to the US dollar and to the Turkish lira.

Gold production in Azerbaijan has started to grow

Gold production in Azerbaijan in the 3rd quarter of 2024 reached 1,752.1 kg or about 61,803.51 troy ounces.

Forecast on State Budget 2025 revenues and expenditures

State Budget defense spending to be distributed as follows in 2025

Next year, defense and national security expenditures in the State Budget will amount to 8,396,297,596 manats.

Azer-Turk Bank reports decline on population’s deposits and rise on legal entities’ deposits

Azer-Turk Bank released its financial statements for Q3 of 2024.

Their share to be 1% in formation of State Budget for 2025

According to forecasts, in 2025, 392.6 million manats, or about 1% of Azerbaijan State Budget revenues accounted for income from property tax of legal entities.

The winner of the 150,000 AZN prize in Kapital Bank's 150th anniversary lottery has been announced

Subsidies to Nakhchivan reduced

The upper limit of subsidies from the State Budget of Azerbaijan to the budget of the Nakhchivan Autonomous Republic for 2025 has been reduced

Forecast for 2025 on personal income tax increases

In 2025, 5.2% of Azerbaijan State Budget revenues, or 1.989 million manats, will be provided with income tax receipts from individuals.

SOFAZ transfers to State Budget grew by 13.3%

A bank whose assets are reduced – Report

From January to September 2024, Premium Bank's non-interest income fell from 13.668 million manats to 12.75 million manats.

Price of gold bars to increase by 10%

The price of gold is expected to reach record levels next year.

Central Bank currency rates for 16 October

Azerbaijani manat rate has risen to the euro and to the Russian ruble, and declined to the Turkish lira, while is stable to the US dollar.

66% of deposits in banks are in manats

According to the Central Bank, the amount of population’s deposits in banks increased by 12.8% against the 2023 same term up to 14.185 bn manats in the equivalent of the national currency as of September 1, 2024.

Azerbaijani population’s income increased

The nominal income of the Azerbaijani population amounted to 61.587 million manats for the past 9 months.

State Budget surplus exceeds 2.5 bn manats

Greener Tomorrow: your deposit, your contribution with Birbank

Banks’ demand at foreign exchange auction grew by 3.8%

Following the currency auction, the weighted average exchange rate was 1.7000 AZN/USD.

Bank Avrasiya and BTB Bank received the largest number of complaints

The banks that received the most complaints in Azerbaijan this September have become known.

Central Bank currency rates for 15 October

Azerbaijani manat rate has grown to the euro and dropped to the Russian ruble, while is stable to the US dollar and to the Turkish lira.