Banks’ loan portfolio has grown

In May 2022, the total loan portfolio of banks (loans given to customers) increased by AZN 257.9 million and reached AZN 18.98 bn.

Problem loans in Azerbaijan decreased by 6.4%

As of 1 June 2022, the amount of overdue loans in Azerbaijan totaled AZN 673.7 million

Growth of credit investments in banking sector

As of 1 June 2022, the total credit investments in the banking sector reached AZN 18.8 bn.

Exchange rate of Azerbaijani manat for 22 June

On 22 June, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7842, the manat-lira rate AZN 1.0981 and the manat-ruble rate - AZN 0.0309.

Banks more than double demand at a 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 21 June

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

New members of AccessBank management team

Spending on defense and national security increased

Defense and national security expenditures are set at the level of AZN 5.08 bn.

SOFAZ transfer to State Budget reduces

Exchange rate of Azerbaijani manat for 20 June

On 20 June, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7895, the manat-lira rate AZN 1.0980 and the manat-ruble rate - AZN 0.0300.

Milli Majlis received draft amendments to State Budget 2022

Milli Majlis has received a draft of amendments to the State Budget for 2022.

Central Bank held a meeting - a decision made on discount rate

Central Bank: Azerbaijan's strategic currency reserves grew by 1.9% for Jan-May

The surplus balance of payments contributes to the growth of the country's strategic foreign exchange reserves,

AccessBank introduces its another branch in a new concept - Photo

What is level of concentration of banks in Azerbaijan?

The banking sector of Azerbaijan is characterized by low and medium level of concentration. It is linked with the large number of small and medium-sized banks in the sector.

Do Azerbaijani banks have problems with settlements with Russia?

Exchange rate of Azerbaijani manat for 17 June

On 16 June, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7895, the manat-lira rate AZN 1.0982 and the manat-ruble rate - AZN 0.0292.

Azerbaijan may exempt these services from VAT

Banks at currency auction increase demand

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

Fed makes another decision - interest rates raised by 75 basis points

The U.S. Federal Reserve System (FRS) has announced another interest rate decision.

Exchange rate of Azerbaijani manat for 16 June

On 16 June, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7745, the manat-lira rate AZN 1.0985 and the manat-ruble rate - AZN 0.0297.