Banks lower demand by 10.7% at currency auction

The Central Bank of Azerbaijan (CBA), with the participation of the State Oil Fund, held a currency auction.

Central Bank currency rates for 23 May

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

New feature from Birbank: Ninja offers in the mobile app now

Damage to population in recent years as a result of natural disasters reached nearly 1 bn manats

Over the past 15 years, natural phenomena have occurred in Azerbaijan, which have had devastating consequences and caused widespread damage.

Number of payment cards in circulation increased by 255,000 cards

The number of payment cards in circulation through the systems of banks and Azerpocht LLC increased by 255,000 cards at the end of April compared with last month and amounted to 17.676 million cards.

Azerbaijani banking sector's assets surge

As of May 1, 2024, the assets of Azerbaijan-based banks amounted to over 49.2 bn manats (about $29 bn), up 8% from a year earlier.

Azerbaijan prepares to issue Islamic financial instruments

Central Bank increased staff costs by 15% — Report

CBA net profit has grown — Report

Central Bank currency rates for 22 May     

Banks at currency auction increased demand by 73.5%

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Central Bank fined FINCA Azerbaijan

The Central Bank of Azerbaijan has fined NBCO FINCA Azerbaijan.

Advantegous offers continue for those transferring their loan obligations to Kapital Bank

Central Bank currency rates for 21 May

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

Syndicated US$ 10-million loan to the EBRD’s longstanding partner in Azerbaijan Photo

New appointment at Central Bank

The new appointment has been made at the Central Bank of Azerbaijan.

Kapital Bank's cash loan lottery: winners of first draw revealed and exciting prizes await

Central Bank currency rates for 20 May

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

CBA executive director: Our main goal is reinsurance of risks abroad

As a regulator, we divide the risks of the financial sector into two parts.

Farid Huseynov: Kapital Bank does not plan to buy Naxçıvan Bank

Kapital Bank does not plan to acquire Naxçıvan Bank, as well as any other bank.

CBA chair: Sustainable financial transition in Azerbaijan to be phased

It is planned to gradually implement sustainable financial transition in Azerbaijan, increasing the depth of financial markets and the potential of existing financial institutions.