New Head of Department appointed at AccessBank

Azerbaijan's auditors concluded contracts for AZN 100 million with economic entities

In 2021, Azerbaijan's auditors concluded 5,956 contracts (by 29.9% more) with economic entities in the amount of AZN 100 million (17.8% more against 2020)

Problem loans and situation in banking sector discussed

State Tax Service’s head Orhan Nazarli met with members of the Association of Banks of Azerbaijan (ABA).

Exchange rate of Azerbaijani manat for 6 May

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

Activity of 5 auditors suspended in Azerbaijan

Bank of England raises discount rate

Bank of England has made a decision on the discount rate.

Azerbaijani banks’ demand at currency auction falls by 30%

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

Bank that started the year with loss

In the 1st quarter of 2022, the administrative expenses of Bank BTB decreased sharply – by 42%.

Bank with interest income of AZN 6.859 million for Jan-Mar - Bank BTB has published a report

Over Jan-Mar 2022, interest income of Bank BTB amounted to AZN 6.859 million and interest expenses AZN 4.6 million.

Austrian bank sells its subsidiary in Russia

There are those who wish to purchase the Austrian subsidiary bank in Russia - Raiffeisenbank.

Gunay Bank shareholders to hold a meeting

The next general meeting of shareholders of Gunay Bank OJSC will be held.

Exchange rate of Azerbaijani manat for 5 May

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

Checks underway at Ministry of Health

Central Bank's chairman of board to meet with heads of banks

Chairman of board of the Central Bank of Azerbaijan Taleh Kazimov will meet with the heads of banks today.

EC president: Sberbank to be disconnected from SWIFT system

PASHA Bank Georgia ends Q1 of 2022 with loss

PASHA Bank Georgia, PASHA Bank's subsidiary in Georgia, finished with loss the first quarter of 2022.

Exchange rate of Azerbaijani manat for 4 May

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

MP: A base can be formed to cut interest rates on loans

MP Vugar Bayramov has commented on the high cost of loans given by Azerbaijani banks.

MP: In some cases loan interests exceed deposit interests almost twice

Central Bank held a meeting on discount rate

The Board of the Central Bank of Azerbaijan has decided to keep the discount rate at 7.75%.

Exchange rate of Azerbaijani manat for 29 April

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