Central Bank: Economic activity in trade declined in 3rd quarter of 2023

In Azerbaijan, dominance of the non-profit sector in payment receipts continued in the 3rd quarter of 2023.

Central Bank currency rates for 10 October

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

Baku branch of Bank Melli Iran has shrunk - loan portfolio sharply decreased

The Baku branch of Bank Melli Iran completed 9 months of 2023 (January-September) with net profit of AZN 2.79 million.

Ruble recognized as most undervalued currency of G20

In early autumn, the ruble became the most undervalued currency of G20 countries.

With Kapital Bank's Support, the 22nd Season of “Brain Ring” Kicks Off

Cause unveiled on record high foreign exchange reserves of Central Bank

The Central Bank of Azerbaijan (CBA) has published the cause why official foreign exchange reserves have grown to the highest level in the last 8 years.

Central Bank currency rates for 9 October

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.

Credit debt of these persons can be written off — Statement

Azerbaijan's banking and insurance sectors begin intensive cooperation

Total amount of banking sector liabilities for 1st half of 2023 published

ABB Group’s net profit grew by 26.2% for 6 months

NBCOs’ retained earnings grew by 65% in first 6 months of 2023

In the first half of 2023, the volume of retained earnings of the NBCOs amounted to AZN 56 million (AZN 22 million, or 64.7% more than at the end of 2022).

Data unveiled on capital of NBCOs for past half of 2023

NBCOs’ capital in Azerbaijan totaled AZN 254 million for the 1st half of the year (21%, or AZN 44 million more than at the end of 2022).

Central Bank currency rates for 6 October

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

Kapital Bank Joins International Project as a Partner

Join Kapital Bank’s Data Workshop: Registration Now Open!

Central Bank currency rates for 5 October

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

Over 8 months, banks' credit investments in factoring operations increased 2.1-fold

In August 2023, the credit investments of Azerbaijani banks in factoring operations amounted to AZN 76.2 million.

Ratio of non-performing loans in Azerbaijan falls to historic low

Azerbaijani banks’ loan investments under guarantees grew 2.2-fold

Credit investments of banks in this direction increased by 8%