In 3rd quarter, Norway's Sovereign Wealth Fund suffered loss of $34 billion

The Norwegian State Pension Fund (Oil Fund), the largest sovereign wealth fund in the world, suffered loss in the 3rd quarter of 2023.

There is serious decline in National Bank of Iran - Report

The Baku branch of the National Bank of Iran has published a report for the 3rd quarter of 2023.

Azerbaijan unveils rate of NBCO employees

The number of employees of non-bank credit organizations operating in Azerbaijan as of September 30, 2023 reached 3,169 people.

Winners unveiled for “Heydar Aliyev: 100 Engineering Hackathon”

Bank VTB (Azerbaijan) OJSC announces a tender

Central Bank currency rates for 25 October

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.

Sphere of medium-term expenditures expands in Azerbaijan

Azerbaijan plans to cover such new areas as healthcare within the medium-term expenditures in the coming periods.

Central Bank has given a license to NBCO

By CBA Board’s decision, a license of a non-bank credit organization has been issued to Nova Credit LLC.

Last month, banks increased quantity of branches and reduced number of branches

Rate of bank cards in Azerbaijan has grown

Kapital Bank signed a memorandum of cooperation with the Innovations Center of ASAN xidmət

Portfolio of business loans in Azerbaijan exceeds AZN 12 bn first time

In September, the loan portfolio of banks increased by 2.1% or by AZN 467.7 million and reached AZN 22.28 billion.

Has rate of Azerbaijani banking sector employees decreased or increased?

Azerbaijani banks’ net profit reached AZN 832.9 million over Jan-Sept

Azerbaijani banks received AZN 832.9 million of net profit for Jan-Sept 2023

NBCO’s authorized capital exceeded AZN 1 million

The authorized capital of non-bank credit organization Azmikroinvest LLC has been grown by AZN 1 million.

Price of bitcoin first time in 1/5 year exceeds $34,000

The price of bitcoin has exceeded $34,000 for the first time in almost 1.5 years. The last time the cryptocurrency was at this level was on May 8, 2022

Central Bank currency rates for 24 October

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

Does population not trust Azerbaijan Industrial Bank? - Depositors withdrew over AZN 10 million from bank

Azerbaijan Industrial Bank has published a report for Q3 of 2023.

New appointment in management of NBCO

The new appointment to the management of NBCO FINCA Azerbaijan LLC took place.

U.S. budget deficit grew by 23% up to $1.695 trillion in fiscal year 2023

Following fiscal year 2023, the U.S. state budget deficit increased by $320 billion (23%) compared with the previous fiscal year.

Chairman of board of credit institution replaced

The Chairman of Board of Non-bank credit Organization Kredit Servis LLC has been was replaced.