Azerbaijan Oil Fund unveils data on currency in US dollars sold in March

The State Oil Fund of Azerbaijan has announced the amount of the currency in US dollars sold in March

Up to 3-year subsidized loans to be given to entrepreneurs

The measures of support for businesses have been announced in Azerbaijan

Azerbaijan records 61 more coronavirus cases

Another 61 cases of coronavirus infection have been registered in Azerbaijan, and infected persons have been placed in special-regime hospitals

Number of banking sector employees increased much last month

The number of employees in the banking sector increased up to 185 people for February 2020

Quantity of salary cards falls in Azerbaijan, while number of credit cards rises

The number of salary cards decreased in Azerbaijan for February 2020

Volume of certain types of loans has increased

The volume of the loans given to households in Azerbaijan for February 2020 increased

Gold has grown more than by $2

Prices for gold and silver at world exchanges have been declared

Central Bank announced exchange rate for 1 April

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 1 April

Eight bank branches closed in Azerbaijan

One branch and five sub-branches of banks closed in Azerbaijan last month

Population`s term deposits in banks decreased last month

In February population`s term deposits in banks decreased by AZN 58.1 million to AZN 5.578 bn

Growth observed on banking sector operating income

Total operating income of the Azerbaijani banking sector for Jan-Feb 2020 amounted to AZN 443.9 million and total operating expenses AZN 297.7 million

Shares of Visa and MasterCard fall sharply in price – card spending also declined

Visa Inc announced that the coronavirus pandemic has caused a sharp decline in cardholders` spending both inside and outside the country

Foreign currency inflow in Azerbaijan rises and outflow falls

The volume of currency Azerbaijan received in 2019 exceeded the outgoing amount

Population`s deposits at banks increased - Report

According to data by February 2020, Azerbaijani population`s deposits at banks increased by AZN 105.9 million and reached AZN 8.694 bn by 1 March.

Banks` total assets have increased

As of 29 February 2020 the total assets of the banking sector of Azerbaijan amounted to AZN 33.195 bn.

Economy Minister: Government to give support to new loans

A program of support for newly-given loans has been prepared

Central Bank announced exchange rate for 31 March

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 31 March

Central Bank fails to raise AZN 200 million at a deposit auction

The Central Bank of Azerbaijan did not manage to raise AZN 200 million in a deposit auction.

Interest-free loans can be given to banks in Azerbaijan

The Central Bank of Azerbaijan was made a proposal to give interest-free loans to commercial banks

Expert: Bank revenues in Azerbaijan have sharply decreased

Due to the coronavirus epidemic, bank revenues in Azerbaijan have sharply decreased

Central Bank announced exchange rate for 30 March

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 30 March