Report on the fastest growing bank of Azerbaijan

A number of banks have grown in Azerbaijan.

List of the most active banks in Azerbaijan

A report on the list of banks with growing assets and growing portfolio has been distributed.

4 banks in Azerbaijan with assets exceeding AZN 2 bn

Azerbaijani banks have published their economic indicators for the end of 2022.

Central Bank currency rates for 30 January

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

Finances directed for fixed assets exceed AZN 18 bn

Deposit portfolio of banks has increased

The deposit portfolio of banks (excluding individuals engaged in entrepreneurship) grew by 1.3% (AZN 143.1 million) up to AZN 11.48 million.

Banks’ deposit portfolio grew by 2.7% in December

The Central Bank has published a report on financial and other indicators of banks for the past year.

Banks' loan portfolio grew more than by 17% last year

There were no significant changes in the dynamics of banks' loan portfolio in December

Credit investments in Azerbaijani economy grown much

Mastercard lost $30 million for suspension of operations in Russia

American financial corporation Mastercard has suffered annual losses of $30 million as a result of withdrawal from the Russian market and the sanctions.

Central Bank currency rates for 27 January

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

NBU has kept discount rate at 25%

Today, the National Bank of Ukraine (NBU) has decided to keep the discount rate at 25%

Banks did not submit bids for purchase of currency at auction 2nd time in a row

The Central Bank of Azerbaijan has held a currency auction with the participation of the State Oil Fund.

Czech Raiffeisenbank stops outgoing payments to Belarus and Russia

Raiffeisenbank in the Czech Republic stops making outgoing payments to Russia and Belarus from 15 February 2023.

IFC’s Support to Help Boost Financing for Smaller Businesses and Women Entrepreneurs at Bank Respublika

Central Bank currency rates for 26 January

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.

Number of bank branches in Azerbaijan published

The Central Bank of Azerbaijan has announced the number of branches and sub-branches of the bank as of 31 December 2022.

Data on non-cash payments through bank cards made public

The card users made non-cash payments for AZN 2.967 bn for December 2022.

Number of payment cards increased by 206,000 cards

Azerbaijani bank with net profit growth of 2.8-fold for 2022

Bank VTB (Azerbaijan) has published financial indicators for 2022.

Azerbaijani bank, whose deposits have grown to AZN 63 million

Bank VTB (Azerbaijan) has published a report on financial indicators for the past year.