Pessimistic forecast: About 100 banks may be closed in Russia

About 100 banks may be closed in Russia over the next three years

Number of bank accounts at NAR banks reached 89,000

As of 1 September 2020 the number of bank accounts in the banks of the Nakhchivan Autonomous Republic reached 89,706

NAR gave loans for AZN 119 million for Jan-Aug

Gold price to rise up to record highs - Forecast

The price of gold may update the record in Q4 of 2020

Birth and death registration to be in e-form in Azerbaijan

President Ilham Aliyev has signed a decree on the measures aimed at expanding the use of e-services in the field of state registration of civil status acts

Azerbaijan`s money transfers to Russia have grown

The money transfers of individuals to Russia in the 2nd quarter of this year amounted to $4.83 bn

ADIF paid over AZN 533 million to closed banks’ depositors

As of 22 September the Azerbaijan Deposit Insurance Fund (ADIF) paid more than AZN 533 million to 22,522 depositors of closed banks AG Bank, Amrah Bank, NBC Bank and Ata Bank.

US dollar gets more expensive in Turkey

The US dollar has re-grown up to a record level in Turkey

Gold has fallen to record limit this time – Exchange

The prices have been announced for gold and silver at the world exchanges

Exchange rate of Azerbaijani manat for 23 September

The Central Bank of Azerbaijan has announced the exchange rate of the manat to foreign currencies for 23 September

Azerbaijan`s Central Bank sold $72.9 million to banks in a currency auction

The Central Bank of Azerbaijan has conducted a currency auction with the participation of the State Oil Fund

Price of gold for today – Exchange

Exchange rate of Azerbaijani manat for 22 September

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

Trump`s statement further reduced price of Iranian currency - Rial continues falling

The Iranian national currency has fallen even more. ABC.AZ reports that the reason for this was the statement of US President Donald Trump

Central Bank raised AZN 150 million in a deposit auction

The Central Bank of Azerbaijan has raised AZN 150 million at a deposit auction

Turkey observes rise of US dollar and euro rates, while Turkish lira steadily falls

The Turkish lira has lost value again since last week

Gold falls by $1.5 – Exchange

Gold and silver have decreased in price at the world exchanges

Exchange rate of Azerbaijani manat for 21 September

The Azerbaijani manat has fallen to the euro, grown to the Russian ruble, while is stable to the US dollar.

Gold in Turkey rapidly becomes more expensive

Over the last few weeks Turkey has seen a rapid increase in gold prices

Over Jan-Jul problem loans exceeded AZN 1 bn

As of 1 August the loan portfolio of banks and other credit organizations of Azerbaijan in the equivalent of the national currency amounted to AZN 14.585 bn.

Azerbaijani banks` loan portfolio in equivalent of national currency unveiled

The data on the loan portfolio of banks and other credit institutions of Azerbaijan in the equivalent of the national currency has been published