Local NBCO more than doubled its share capital

The authorized capital of non-bank credit organization Brand Credit LLC has been increased by AZN 1 million or 2.1 times

New head appointed to KredEx LLC

The director of non-bank credit organization KredEx LLC, Elshan Aliyev, has been dismissed from his post

Credit card rate observes growth within the quarantine period

For the first 5 months of 2020 the number of debit cards rose by 161,000 cards.

Rate of monthly salary cards fell by 7,000

According to Central Bank`s statistics, at the end of January 2020 the number of salary cards totaled 2.355 million ones.

Quantity of payment cards has grown much for past 5 months

The number of payment cards in Azerbaijan by the end of May 2020 has become known

Azerbaijan records decline of POS terminals from 80,000 to 53,000 for past 5 years

The Central Bank announced a reduction in the number of POS terminals in Azerbaijan for the first 5 months of this year

Number of POS terminals reduced much

The number of POS terminals in Azerbaijan has been published

Gold price has grown by $7.10

Prices for gold and silver on world exchanges have increased

Central Bank announced exchange rate for 29 June

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

Overdue loans decreased

The amount of the overdue loans for May 2020 was announced

Net profit of Azerbaijan`s banking sector has decreased

The banking sector of Azerbaijan received net profit of AZN 314.5 million for Jan-May 2020

Depositors of four banks compensated for AZN 83.9 million

Tural Piriyev, the executive director of the Azerbaijan Deposit Insurance Fund, held a press conference on the issue of deposits in four banks

Lending to banks in Azerbaijan has decreased

As of 1 June 2020 the lending to Azerbaijani banks amounted to AZN 14.36 bn

ADIF director: Matter of insurance of bank business deposits is not on agenda

In Azerbaijan, the issue of insurance of bank deposits of legal entities and individual entrepreneurs is not yet on the agenda. There were no discussions on the occasion.

Amount of deposits in 4 banks with canceled license published

The number of depositors in the bankrupt AGBank, NBCBank, Amrahbank and Atabank has been unveiled

Tural Piriyev: 4 closed banks number about 100 uninsured depositors

ADIF head: Problem of deposits in closed banks is solved as follows

If a person has a deposit of AZN 10,000 and a loan of AZN 6,000 in a closed bank, they are replaced and the citizen is returned AZN 4,000

When will closed banks` deposits be returned? - Explanation

Azerbaijan Deposit Insurance Fund`s executive director Tural Piriyev held a press conference to clarify the issue of returning deposits in the recently closed banks

Central Bank sold $41.6 million to banks

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

Amounts of loan portfolios of 4 closed banks published

Turkey`s Central Bank has released interest rate decision

Today, the Central Bank of Turkey will hold a meeting for June