Central Bank currency rates for 25 April

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.

Welcome Birbank Business’s special “Welcome” campaign for new customers

Azerbaijan’s central bank and U.S. Department of Treasury discuss financial stability

The next meetings of the Azerbaijan’s banking mission took place at the U.S. Department of the Treasury.

Central Bank currency rates for 24 April

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

Repayment of government debt in 1st quarter reached 1 bn manats

In the 1st quarter of 2024, expenses relating to servicing the state debt and obligations of Azerbaijan were 5.5-fold more against Q1 of 2023 – 1.88 bn manats (55.15% of finances envisaged in the State Budget.

Costs on restoration of liberated lands grew by 5%

Share of oil & gas sector in State Budget revenues increased

The oil & gas sector amounted to 4.67 bn manats (50.6% of State Budget revenues for Jan-Mar 2024).

Consolidated budget has surplus of over 3 bn manats

In the 1st quarter of 2024, the revenues of the consolidated budget of Azerbaijan amounted to 12.612 bn manats.

Shareholders of VTB (Azerbaijan) OJSC will hold an extraordinary General Meeting

Demand drops by 3% at currency auction

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

Visa to launch a new contactless product

Visa will launch a new contactless product at the Paris 2024 Summer Olympics.

Central Bank currency rates for 23 April

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

Azerbaijan and WB discuss joint projects

Azerbaijan and the WB discussed the projects to be implemented within cooperation.

SOFAZ off-budget revenues on exchange rate reached 151.7 million manats

Over Jan-Mar 2024, the budget revenues of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 5.268 bn manats and budget expenditures – 3.205 bn manats.

Finans Kredit increases much its share capital

By the decision of the founders of non-bank credit organization Finans Kredit LLC, the authorized capital has been sharply increased.

Ban for those who do not perform face recognition operations in e-wallets

From May 9, the use of e-wallet will be limited for those who are not registered with a PIN code.

Central Bank currency rates for 22 April

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

Operating profit of Naxçıvanbank drops 6-fold

Global Finance Names the Innovators 2024: Kapital Bank has been awarded the prestigious “Best Use of AI in Digital Transformation” award

Companies have withdrawn almost half of their deposits at Bank Avrasiya

In the 1st quarter of this year, bank's deposit portfolio amounted to 50.369 million mantas (1.843 million manats, or 4% more than at the end of last year

Bank Avrasiya reduced its profit by 23%

Bank Avrasiya completed Q1 2024 with net profit of 1.202 million manats.