Gold production in Azerbaijan observed growth for past half-year – Report

In the 1st half of 2024, gold production in Azerbaijan increased, but copper and silver production fell.

CBA has issued a perpetual license for Mobile Payment Solutions

Clients of Azerbaijan Industrial Bank have withdrawn their deposits

Over Jan-Jun 2024, the revenues of the Azerbaijan Industrial Bank amounted to 24.8 million manats and expenses – 21.595 million manats.

Mortgage loan portfolio of this bank has increased by 9.237 million manats in 6 months

Rabitabank has released the financial report for Jan-Jun 2024.

VTB (Azerbaijan) ends 1st half of 2024 with profit

As of July 1, 2024, the net profit of Bank VTB (Azerbaijan) amounted to 4.72 million manats, and its assets - 289.5 million manats.

A bank whose operating profit grew by 4.295 million manats in 6 months - Report

Rabitabank OJSC completed the 1st half of 2024 (January-June) with net profit of 10.596 million manats.

Income of population grew by 5.3%

Over Jan-Jun 2024, nominal income of the Azerbaijani population reached 39.88 billion manats.

State Budget surplus for June

The surplus of the State Budget of Azerbaijan has increased up to 2.79 billion manats over the past month.

Bitcoin has risen above $60,000

After the assassination attempt on Donald Trump during a campaign event in Pennsylvania on July 13, the price of bitcoin rose sharply.

Central Bank currency rates for 15 July

Azerbaijani manat rate has dropped to the euro and risen to the Russian ruble, while is stable to the US dollar and to the Turkish lira,

Kapital Bank announces financial results for second quarter 2024

AccessBank Announces Financial Results for the First Half of 2024

Financial flow reportedly grew by 19% for Q2

In the 2nd quarter of 2024, the financial flow in Azerbaijan reached 26.5 billion manats (18.8% more against Q2 of 2023).

Win 150 000 AZN in the Birbank Installment Card Lottery

Total reserves of Central Bank of Türkiye increased by $5.538 million

The Central Bank of the Republic of Türkiye has published weekly monetary and banking statistics.

Bank Respublika supported the EcoVeloFest festival as part of the “Year of Solidarity for a Green World” Photo

In 2023, CBA conducted inspections in 7 banks

Last year, the Central Bank of Azerbaijan (CBA) conducted inspections in 7 banks and 4 insurance companies.

Central Bank currency rates for 12 July

Azerbaijani manat rate has decreased to the euro and to the Russian ruble, risen to the Turkish lira, while is stable to the US dollar.

Giving of cheap loans for logistics suggested in Azerbaijan

Strategic industries should be supported in Azerbaijan by giving cheap loans.

Cash supply grew by 18%

In 2023, the Central Bank of Azerbaijan (CBA) withdrew banknotes in the amount of 5.47 billion manats (495.5 million banknotes) from circulation, and in return issued banknotes in the amount of 8.07 billion manats (568.3 million banknotes).

Moody’s and S&P affirmed Kapital Bank’s Ratings and Positive Outlook