World Bank Group to Help Azerbaijan’s Lenders Improve Financial Inclusion

The World Bank Group, in a project led by IFC, signed an agreement today to help spur the development of digital financial services in Azerbaijan, part of an effort to fight poverty and drive economic growth in the country.

ABA and IFC signed a cooperation agreement

A cooperation agreement has been signed between the Azerbaijan Banks Association and the International Finance Corporation

We’ll try to make everyone in Azerbaijan aware of non-cash payment system - MasterCard Representative

We intend to bring a new system of innovations to Azerbaijan

New project to serve to creation of competitive environment between banks - Ibrahim Alyshov

Together with the World Bank’s experts we’ve achieved the development of the project of payment systems and payment services

An ecosystem is being formed for banking sector - Ibrahim Alyshov

An ecosystem for sustainability and recovery of the banking sector is being formed

Student smart cards to be used also at secondary schools - Alim Guliyev

Central Bank announced exchange rate for 6 November

The Azerbaijani manat has increased to the euro and is stable to the US dollar and the Russian ruble

Central Bank announced US dollar rate for 6 November

The Central Bank of Azerbaijan has published the official US dollar rate for tomorrow

Share of one of Unibank`s shareholders increased - Change

Changes have been made in the shareholders` shares in the authorized capital of Unibank

Bitcoin has risen sharply - Exchange

The prices of electronic money on the cryptocurrency market have been announced

Bank`s loan portfolio exceeds AZN 360 million - Indicators

As of 30 June 2019 PASHA Bank`s assets totaled AZN 4.38 bn

PASHA Bank earns more than AZN 64 million of net profit for Jan-Sept

PASHA Bank completed the Jan-Sept 2019 period with net profit of AZN 64.596 million

Azer-Turk Bank`s deposits fell more than by AZN 20 million

Azer-Turk Bank has published its financial results for Jan-Sept 2019

Azer-Turk Bank earns over AZN 1.5 million for Jan-Sept - Report

Azer-Turk Bank completed the Jan-Sept 2019 period with net profit of AZN 672,000

Elman Rustamov: Stability of manat exchange rate to be in spotlight in 2020

The main task for us in 2020 is to ensure the macroeconomic stability

IBA cut interest expense in 9 months

The international Bank of Azerbaijan published financial indicators for 9 months of 2019.

IBA has published financial indicators - Report

The International Bank of Azerbaijan completed the Jan-Sept period of 2019 with net profit of AZN 322.987 million

Volume of retail deposits at banks unveiled - over AZN 8 bn

The total deposits of individuals at banks amounted to AZN 8.605 bn on 30 September 2019

Central Bank has held a currency auction

The Central Bank of Azerbaijan has conducted a regular currency auction with the participation of the State Oil Fund on 5 November

Over AZN 1 bn of loans are overdue in Azerbaijan - Central Bank

Azerbaijani credit institutions’ investments in foreign currency increased by AZN 109 million

Financial Market Supervision Authority doesn`t take measures to make Central Bank to give cheap loans - Ekrem Hasanov

The recently–made amendments will hardly change something