One more NBCO registered

The State Tax Service has registered NovaCredit LLC (TIN:1308342131).

Bank VTB loan portfolio increased by AZN 15.436 million

The total assets of VTB Bank (Azerbaijan) in the 1st half of 2023 decreased by 1.7% versus the end of 2022 to AZN 234.34 million on June 30, 2023.

Bank's interest income grew by AZN 1.1 million for Jan-Jun

Bank VTB Azərbaycan OJSC completed the 1st half of 2023 with net profit of AZN 5.747 million.

Central Bank currency rates for 28 July

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.

National Bank of Ukraine lowers discount rate

Demand at currency auction fell by 45.5%

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

Azerbaijan and U.S. to explore prospects of banking and financial cooperation

Fed raises its key interest rate to 5.25-5.5%

Portfolio of banks’ business loans grew by AZN 479.7 million

For the first time, the Central Bank of Azerbaijan has published information on the distribution of the business portfolio by business entities.

Central Bank currency rates for 27 July

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

Accessbank’s deposit portfolio grew by AZN 125.528 million

Bank’s total operating income amounted to AZN 98.65 million

AccessBank's total operating income (interest and non-interest income) reached AZN 98.65 million for the 1st half of 2023.

AccessBank finished 1st half of 2023 with net profit of AZN 19.469 million

A bank with decline of 35% on non-interest income

VTB Bank (Azerbaijan) OJSC announces a tender

Taleh Kazimov: We have not plans to close the Iranian bank

The Central Bank of Azerbaijan sees no risks for the closure of the Baku branch of Bank Melli Iran.

Texnikabank real estate in Guba put up for auction

Azerbaijan's strategic foreign exchange reserves grew by 12.7%

Azerbaijan's strategic foreign exchange reserves reached $65.9 bn in July.

AccessBank's loan portfolio grew almost by AZN 126 million

Bank's loan portfolio exceeds AZN 1 bn

NBCOs with net profit of over AZN 2.5 million

15 out of the 52 non-bank credit institutions operating in Azerbaijan completed last year with losses.