Economist: Demand for dollars decreases in Azerbaijan

Central Bank currency rates for 25 January

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

AccessBank disclosed its financial statements for 2022

Currency auction did not take place

Central Bank currency rates for 24 January

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

State Budget revenues from leasing state property increased by 53.7%

Consumer loan portfolio of Yapı Kredi Bank Azerbaycan grew by 12.8%

Yapı Kredi Bank Azerbaycan CJSC announced the financial results for 2022.

A bank with net profit of AZN 1.15 million

Yapı Kredi Bank Azerbaycan announced the financial results for 2022. The net profit of the bank, which successfully completed 2022, amounted to AZN 1.15 million.

State Budget revenues and expenditures made public

The Ministry of Finance has published data on revenues and expenditures of the State Budget of Azerbaijan in 2022.

AzFinans’ head replaced

The NBCO of AzFinans LLC has replaced the director with the functions of the sole head.

Central Bank currency rates for 23 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.

Russians’ deposits abroad exceed $80 bn

Russians’ deposits in foreign banks reached a record of $81.7 bn in November, having jumped 2.7-fold since the beginning of the year.

Only $1.5 million sold at a currency auction in Azerbaijan

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Innovation in credit agreements

Credit agreements will now be regulated by the norms of the Civil Code

Problem of debt payers to these banks submitted for discussion at parliament

Discussions have been held at Milli Majlis on the occasion of high interest rates on loans from banks.

Milli Majlis discussion: Interest rates on bank loans are too high

Central Bank currency rates for 19 January

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

Unibank’s key shareholder increased its stake in bank

After the recent increase in the authorized capital of Unibank, the share of its main shareholder Eldar Garibov has slightly increased.

SOFAZ extends term of deposit placed in Central Bank of Turkiye

The State Oil Fund (SOFAZ) has extended the term of the 1 bn euro deposit placed in the Central Bank of Turkiye by five more months.

Taleh Kazimov signs order on new appointment at Central Bank

The new director has been appointed to the Capital Markets Policy & Supervision Department at the Central Bank of Azerbaijan.

Loans at low interest rates can be given to this category of persons