Large surplus formed in State Budget of Azerbaijan

The revenues of the State Budget of Azerbaijan for Jan-Aug 2022 amounted to AZN 20.18 bn and expenditures AZN 18.15 bn,

List of NBCOs with decreasing profits and growing losses

The net profit of 7 NBCOs operating in Azerbaijan has decreased - Kredit Servis, Azmikroinvest, Viator Mikrokredit Azərbaycan, Asel Kredit, Finoko, Effektinvest and Kepez.

Central Bank currency rates for 14 September

The Central Bank of Azerbaijan has announced the exchange rate of the manat to foreign currencies for 14 September 2022.

Central Bank cancels license of NBCO Omni Finance

The Central Bank has revoked the license of another non-bank credit organization.

Banks increase demand at currency auction by 10.5%

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

Central Bank currency rates for 13 September

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

ADB vice president has arrived in Baku

The visit of the delegation led by ADB vice president Shixin Chen has begun.

Central Bank currency rates for 12 September

Fed may raise interest rates

Representatives of the U.S. central bank (Fed) indicated a possible increase in interest rates by 75 points at a meeting of the Federal Open Market Committee on September 20-21.

Fall of yen in Japan causes concern

The head of the Central Bank of Japan, Haruhiko Kuroda, believes that the largest drop in the yen against the dollar since 1998 is destabilizing the country's business.

Bitcoin exceeds mark of $20,000

Bitcoin exceeded the mark of $20,000 on 9 September. Its growth was more than 5%

Central Bank currency rates for 9 September

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

TuranBank's technical assistance projects with the EBRD, supported by the EU and Turkiye have been successfully completed

Banks reduce demand by 37% at currency auction

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

EBRD president to visit Azerbaijan next week

President of the European Bank for Reconstruction & Development (EBRD) Odile Renaud-Basso will visit Azerbaijan from 11 to 13 September.

Balance sheet capitals of these NBCOs decreased

The volume of the balance sheet capital of NBCOs operating in Azerbaijan has been unveiled.

List of NBCOs with growing balance sheet capital

29 out of 56 non-bank credit organizations operating in Azerbaijan have increased their balance sheet capital compared with the data as of 1 January 2022.

Central Bank currency rates for 8 September

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.

State insurance reserves can be used as a bank deposit

Use of state insurance reserves as a bank deposit can become possible in Azerbaijan.

One NBCO enters the market this year

Only one non–banking organization has entered the market this year - NBCO SF Azerbaijan.

14 NBCOs report decline on their loan portfolio

The loan portfolio of NBCO in Azerbaijan has ben published.