Bank loan rates to be cut

Finance Minister: We managed to ‘insure ourselves’ by putting a low oil price in budget

The last two years have been difficult from angle of forecasting

Euro rate in Russia falls below 58 rubles first time since 2015

The dollar exchange rate at the Moscow Exchange currency trading has fallen below 56 rubles for the first time since February 2018 and the euro rate below 58 rubles for the first time since June 2015.

Minister: Defense and security costs for 2021 exceed previous year’s index

The Draft Law on Execution of State Budget 2021 has been discussed by the Parliamentary Committee on Economic Policy, Industry & Entrepreneurship.

AZN 25 million spent on general plans of liberated cities

The Parliamentary Committee on Economic Policy, Industry & Entrepreneurship has discussed the draft law on the execution of State Budget 2021.

Exchange rate of Azerbaijani manat for 25 May

On 25 May, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.8199, the manat-lira rate AZN 0.1052 and the manat-ruble rate - AZN 0.0307.

Non-cash transactions grew 2.3-fold

Number of bank cards in Azerbaijan has grown by 130,000 cards

The number of payment cards in circulation in the banking system at the end of April has reached AZN 11.9 million

Banks lower demand at currency auction by 41%

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

Volume of overdue loans decreased to 3.68% for past 4 months

Bank expenses grew by 26%

Azerbaijani banks’ expenditures for the past 4 months of 2022 have been published.

Banks’ income in Azerbaijan exceeds AZN 1 bn over Jan-Apr

The banks in Azerbaijan received a total of AZN 1.142 bn of income for Jan-Apr 2022, according to CBA’s published data on the banking sector.

Exchange rate of Azerbaijani manat for 24 May

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

Russia launches analogy of Google Play system

Tinkoff Bank has launched instant payment service Tinkoff Pay.

Exchange rate of Azerbaijani manat for 23 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.

National Bank of Ukraine prepares to normalize its monetary policy

Russia permits selling all foreign currencies except US dollar and euro

The Central Bank of Russia has allowed the sale of all cash foreign currencies in the country, except for the US dollar and euro, for cash.

Exchange rate of Azerbaijani manat for 20 May

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.

Finoko's profit more than halved in 2021

NBCO Finoko completed 2021 with net profit of AZN 1.142 million (net profit of AZN 2.486 million in 2020)

There is a need for state's attention to cryptocurrency market

The unstable situation in the cryptocurrency market creates the need to increase the state's attention to this sphere.

Banks in Azerbaijan 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.