New Board of National Deposit Center approved

The new composition of the NDC Board has been approved by the decision of the Supervisory Board of the National Deposit Center (NDC) of the Republic of Azerbaijan, dated September 28, 2023.

VTB Bank (Azerbaijan) OJSC announces a open tender

Number of clients of individual banks in Azerbaijan increased by 7%

An increase in the number of bank customers who are individuals has been recorded in Azerbaijan.

Central Bank currency rates for 29 September

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

Irşad Bank Olmayan Kredit Təşkilatı LLC established

Irşad, the owner of the chain of electronics and household appliances stores in Azerbaijan, like other competitors, is entering the financial market.

Bank debts of killed in anti-terrorist operations to be written off

AccessBank signed another senior loan facility agreement with Enabling Qapital Ltd

Why has 5-gapik coin been updated?

Azerbaijan still has demand for metal coins of small denominations (1, 3 and 5 gapiks), and this year there is an increase in demand for them up to 6%.

Indians have just a few days to return billions in banknotes

The country's highest-value banknote will be withdrawn by the end of September - $3 billion worth of which is still in circulation.

Banks acquired $29.4 million at today’s currency auction

Following the currency auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Capital of banking sector has increased

Foreigners’ bank card operations in Azerbaijan decreased much

Growth observed on Azerbaijani banking sector liabilities

Only a Few Days Left for the “Spend 200 AZN and Earn 30 AZN with Birbank Cards” Campaign to End

Central Bank currency rates for 28 September

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

Cause of growth of business loans in Azerbaijan

Business loans in Azerbaijan are increasing mainly due to micro and small businesses.

Data unveiled on Azerbaijani banks’ net foreign assets

As of September 1, 2023, the net foreign assets of Azerbaijani banks amounted to AZN 3.037 billion.

Money transfers to Azerbaijan decreased

Azerbaijan's banks received AZN 1.69 bn through rapid money transfer systems for Jan-Aug 2023.

Binance cryptocurrency exchange withdraws from Russia

Nominal effective exchange rate of Azerbaijani manat grew more than by 6%

The nominal effective exchange rate of the Azerbaijani manat was 101.4 points in August 2023.

Afghan currency becomes one of the strongest

The Afghan national currency has become one of the most profitable in the world, despite the situation in the country.