Banks increased demand at foreign exchange auction by 9.3%

Foreigners’ spending via bank cards in Azerbaijan for October

Foreign citizens who arrived in Azerbaijan made transactions with bank cards in October 2024 in the amount of 252.9 million manats.

Central Bank currency rates for 28 November

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

Banks paid more than 700 million manats of deposit interests to population in 10 months

For Jan-Oct 2024, Azerbaijani banks paid interests on attracted deposits in the amount of 725.8 million manats.

Azerbaijani banks earned 359 million manats on securities

As of November 1, 2024, the interest income of Azerbaijani banks from securities totaled 359.2 million manats.

Banks earned 2.5 bn manats from loan interests in 10 months

The revenues of Azerbaijani banks from loans for Jan-Oct 2024 have been published.

11.5 million manats to be spent on maintenance of Accounts Chamber in 2025

The State Budget of Azerbaijan will allocate 11.5 million manats for the maintenance of the Accounts Chamber in 2025

Number of bank cards exceeds 19 million

As of November 1, 2024, the number of payment cards in Azerbaijan reached 19.162 million.

Assets of Azerbaijan's banking sector declined in October

Number of employees in banking sector exceeds 25,000 people

Central Bank currency rates for 27 November

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

Goldman Sachs: Keep your money in U.S. stocks

Goldman Sachs analysts have shared their new investment advice.

Russia passes a law on taxes on mining and cryptocurrency transactions

The State Duma (RF) has immediately adopted the law on taxation of income from mining and operations with cryptocurrencies in the 2nd and 3rd readings.

VTB head: Russian economy not to ‘breathe’ without migrants

Start the New Year with high earnings: Kapital Bank increases deposit rates to 11%

AccessBank Receives Over 400 Applications for the “Bizdən Biznesə” Startup Project

Banks' demand decreased at currency auction

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

CBA approves procedure for managing credit risks in NBCOs

The Board of the Central Bank of Azerbaijan (CBA) has endorsed the Procedure for managing credit risks in non-bank credit institutions.

Central Bank currency rates for 26 November

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

CBA chair: Inflation among trading partners affected price growth

Inflation in Azerbaijan's trading partners has had an increasing effect of 6.1 percentage points on the country's price growth for the first 10 months of 2024.

Economy Minister: GDP per capita to reach $7,200 this year

The current account surplus of Azerbaijan's balance of payments for 2025 is projected at 5.6% of GDP.