List of banks whose profit tax payments reduced

Six of the 26 banks operating in Azerbaijan paid in 2021 the profit tax more than in the previous year.

Banks that did not pay profit tax in 2021

Several of the 26 banks operating in Azerbaijan did not pay profit tax last year.

Banks increase demand 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.

Exchange rate of Azerbaijani manat for 3 March

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

EU bans transfer of euro banknotes to Russia

Executive officer to be informed about debtor's bank account

Central Bank of Russia has raised the dollar

The Central Bank of Russia raised the official dollar exchange rate by 11 rubles 50.3 kopecks, up to 103.2 rubles/$ for 3 March

NBCO has increased its authorized capital

One more NBCO of Azerbaijan has decided to increase the authorized capital.

State duty for media in Azerbaijan cut 10-fold

Sberbank leaves Europe

Russia’s Sberbank has decided to leave the European market, given the current situation.

7 Russian banks to be disconnected from SWIFT – Agreement reached

As part of the sanctions against Russia, the EU Permanent Representatives Committee approved the list of seven Russian banks to be withdrawn from the SWIFT global payment system.

Exchange rate of Azerbaijani manat for 2 March

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

Most Azerbaijani banks suspend money transfers from Russia

Ukraine asks to write off $57 bn of its external debt

Many states demonstrate support for Kiev in connection with the Russian-Ukrainian crisis.

Monetary base decreased in Azerbaijan for February

As of 1 March 2022, the monetary base in Azerbaijan amounted to AZN 13.945 bn

Azerbaijan's foreign exchange reserves have grown

Banks increased demand by 39.5% 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

Exchange rate of Azerbaijani manat for 1 March

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

Kazakhstan suspends sale of dollars and euros

The sale of dollars and euros has been suspended in the capital of Kazakhstan, Nursultan and Almaty.

Sale of securities banned in Russia

The Central Bank of Russia has banned foreign shareholders having stakes in Russian companies to sell Russian securities.

Exchange rate of Russian ruble in Azerbaijan has fallen by 22%

Today, the official exchange rate of the Russian ruble (RUB) to the Azerbaijani manat (AZN) is 0.0157 manats (1 manat/63.70 rubles)