IMF allocates a $700 million tranche to Pakistan

The Board of Directors of the International Monetary Fund (IMF) has approved the allocation of a tranche of $700 million to Pakistan

Bitcoin's growth potential exhausted

The U.S. Securities & Exchange Commission (SEC) has approved the launch of ETF Bitcoin Spot, which will directly invest in cryptocurrencies.

Central Bank currency rates for 12 January

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.

Banks’ demand at currency auction grew by 7.3%

The weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Yapı Kredi Bank Azerbaijan CJSC celebrates its 24th anniversary!

Central Bank currency rates for 11 January

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.

Some tax benefits for credit organizations

Since 2024, after the latest changes in the Tax Code, a number of tax benefits have been applied to credit organizations.

Central Bank currency rates for 10 January

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.

Bank whose profit doubled in a year - Report

The Baku branch of the National Bank of Iran completed 2023 with profit of 3.87 million mantas (2-fold more versus 2022 - profit of 1.867 million)

Monetary base in Azerbaijan up by nearly 20%

As of January 1, 2024, the monetary base in Azerbaijan amounted to 20.875 bn manats ($12.3 bn).

CBA's foreign exchange reserves increased by 29% for 2023

Zakir Nuriyev: Bankruptcy of any bank operating in country is not planned

Currently, due to high interest rates at international markets, some Azerbaijani banks also accept deposits above the annual interest rate on dollar-backed deposits.

Banks’ demand at currency auction drops by 3.7%

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

Banks write off accounts payable of veterans based on applications

Azerbaijani banks write off accounts payable of veterans of the Patriotic War on the basis of a number of additional appeals.

Deposits in banks grew versus early 2023

Banks got 17% more profit against 2022

In 2023, banks received 17% more profit compared with 2022 - 1.1 bn manats.

Azerbaijani banks’ assets exceed 49 bn manats

By the end of 2023, the assets of Azerbaijani banks amounted to 49.2 billion mantas (4.5% more than at the end of 2022).

AniPay payments broke a record in 2023

With AniPay launched in late 2020, the volume of payments also broke a new record in 2023.

Central Bank currency rates for 9 January

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

Central Bank: Over 64,000 citizens received credit history last year

Central Bank currency rates for 8 January

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