Azerbaijani banks increase demand at currency auction by 14%

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

Philippines regulator accuses Binance of operating without registration

The Securities & Exchange Commission of the Philippines informed that the Binance cryptocurrency exchange operates in the region without a license.

Central Bank currency rates for 30 November

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

Bitcoin exchange rate exceeds $38,000

Today, on November 29, the bitcoin exchange rate exceeded $38,000 and reached $38,390.

CBA: a number of NBCO officials brought to justice

Officials of some non-bank credit organizations have been brought to administrative responsibility, ABC.AZ reports, referring to the Central Bank of Azerbaijan.

Central Bank rep: We encourage non-cash payments using smart devices

The use of smart devices in payments through POS-terminals in Azerbaijan made up 27% for Jan-Oct 2023.

CBA general director: Digitalization grows in country, volume of payments via Internet

Recently, people prefer mobile payments, payment via the Internet.

Central Bank currency rates for 29 November

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

MP: In November, bank deposits also declined

Banks also started the month of November with a reduction in their savings portfolios.

65 million manats per day paid to Muğanbank depositors - process continues

1,849 protected depositors of Muğanbank OJSC were paid more than 65 million manats of compensation over the past day, ABC.AZ reports with reference to the Azerbaijan Deposit Insurance Fund.

Non-interest expenses of banks in Azerbaijan grew by 24%

As of November 1, 2023, non-interest expenses of Azerbaijani banks amounted to 1.859 million mantas, ABC.AZ reports, referring to the Central Bank.

Banks increase demand at currency auction by 74.4%

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

Loans to private entrepreneurs exceed 2 billion manats

The volume of bank loans given to private entrepreneurs in Azerbaijan increased by 2.2% in October to 2.781 billion manats.

Vugar Gulmammadov: NAR's reporting indicators on budget 2022 do not correspond to reality

The reporting figures on the budget of the Nakhchivan Autonomous Republic (NAR) for 2022 do not correspond to reality.

Putin signs law on federal budget of Russia for 2024-26

Russian President Vladimir Putin has signed the law on the federal budget for 2024 and for the planning period 2025-26

Foreigners reduced number of bank card transactions in Azerbaijan for 10 months

In October 2023, foreigners made transactions with bank cards in the amount of 203.7 million manats on the territory of the country.

Central Bank currency rates for 28 November

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

Price of gold reaches maximum in last 6 months

The price of gold on the world market has risen to the highest level in the last six months.

Number of operations with POS-terminals increased by 20 million

An increase in the number of transactions through POS-terminals has been recorded in Azerbaijan.

Muğanbank started paying compensation on protected deposits

The Deposit Insurance Fund has started paying compensations on protected deposits in Muğanbank OJSC, which is in the process of liquidation.

Banks paid almost 480 million manats of interests on deposits for Jan-Oct

The banks in Azerbaijan paid interests on attracted deposits in the amount of 479.9 million mantas for Jan-Oct 2023.