Volume of problem loans disclosed

Amount of loans given since early 2020 published

The amount of loans given by banks and other credit organizations of Azerbaijan as of 1 May 2020 has been published.

Gold drops in price by $7.40

Prices for gold and silver on world exchanges have been announced

Central Bank announced exchange rate for 12 June

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

EBRD will cooperate with Bank Respublika in its new Capacity Building Programme

Central Bank sold $40.7 million to banks in a currency auction

The Central Bank of Azerbaijan (CBA) held a currency auction with the participation of the State Oil Fund

Azerbaijan prepares another innovation – E-wallet

Azerpocht LLC, subordinate to the Ministry of Transport, Communications & High Technologies, has started partnership with the International Finance Corporation, a member of the World Bank Group

Over AZN 47 million of two closed banks returned for 10 days

Gold has grown in price more than by $20

Prices for gold and silver offered on world exchanges have been declared

Central Bank announced exchange rate for 11 June

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

Today Fed to release its interest rate decision

Today, the US Federal Reserve (Fed) will announce a decision on interest rates

Gold has grown in price by $1

Central Bank announced exchange rate for 10 June

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 10 June

Central Bank sold $52.7 million to banks at a currency auction

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

Tax arrears of these NBCOs appeared

Four non-bank credit organizations in Azerbaijan have tax debts to the state

Finance Ministry requires financial statements from companies

Gold has fallen in price by $4

Prices for gold and silver offered on world exchanges have been declared

Central Bank announced exchange rate for 9 June

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 9 June

Pandemic affected much on NBCO business owners

The pandemic has affected most of all business owners who are clients of non-bank credit organizations

Customs Committee`s transfers to Azerbaijan’s budget for Jan-May decreased

The State Customs Committee received AZN 1.696 bn for the first 5 months of 2020

Customs Committee reduced payments to State Budget on some indicators

According to the State Customs Committee, customs duties received by the State Budget from the SCC decreased by AZN 18.1 million or 20.3% against 2018 and amounted to AZN 71 million