Strengthening defense capability and building an army remain top priority

Strengthening the country's defense capability and building an army remain the main priority.

MP: Banks seek to earn more income at expense of customers

A number of systemically important banks have decided to increase the tariff for SMS notification by 2.5 times from next month. Such artificial tariff increases should be stopped

Central Bank currency rates for 13 November

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

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Banks reduce demand at currency auction by 39%

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

Branches and sub-branches of banks and Azerpocht to work on holidays

Branches and sub-branches of banks, as well as branches of Azerpocht CJSC, owned by the Ministry of Digital Development & Transport, as well as currency exchange offices will operate in Azerbaijan on non-working holidays, from November 8 to 12.

Central Bank currency rates for 7 November

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

NBCO chairman replaced

The chairman of board of non-bank credit organization Falcon Finance LLC has been replaced.

Next year, 70% of budget to be directed for social programs

Construction and restoration work has been carried out at high pace on our liberated lands over the past 3 years.

Banks with interest income of over AZN 150 million

Four out of 24 banks operating in Azerbaijan for Jan-Sept 2023 had interest income of more than 150 million manats.

Finance Minister: Inflation in Azerbaijan is expected to be single-digit by end of 2023

The inflation in Azerbaijan is expected to be single-digit by the end of the year.

A bank whose interest income has decreased this year

Monthly interest income of these individuals to be partially exempt from taxes

Monthly interest income of individuals in Azerbaijan up to 200 manats will be partially exempt from tax.

Changes in Board of Kapital Bank

The composition of the Board of Kapital Bank OJSC has undergone changes.

Now it is possible to make internal transfers to Kapital Bank cards in Euro and USD through MilliÖn

New requirement to be established for bankrupt banks

A new requirement for bankrupt banks is being established in Azerbaijan.

Loans of these individuals to be written off next year

Central Bank currency rates for 6 November

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.

Regulation on activity of foreign payment organizations finds its solution

Payment and electronic money organizations operating on the market for many years will now be covered by the regulatory framework.

Application of this law to create conditions for new organizations to enter the market

The requirements that must be met by suppliers in the provision of relevant services, their rights and obligations are regulated by law.

State Budget 2024 expenditures envisaged at 36.763 million manats

The State Budget expenditures for 2024 are envisaged in the amount of 36.763 billion (138.2 million mantas, or 0.4% more than in 2023).