Gold has risen in price by about 7%

Gold is rising in price on world markets amid forecasts that the U.S. Central Bank (Fed) will cut interest rates this year.

In Azerbaijan, a gram of gold rose in price by 1.67 manats per day

The rise in gold prices on world stock exchanges has not spared Azerbaijan either.

Some powers of this Ministry abolished

Agreements on opening credit lines to Azerbaijani banks to be signed in 2024

Agreements on opening credit lines to Azerbaijani banks will be signed in 2024.

CBA deputy chairman: Serious process of de-dollarization continues in economy

The trend of serious process of de-dollarization continues in the financial sector and the economy of Azerbaijan.

Banks’ demand at currency auction increased by 14.8%

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

CBA and WB discuss directions of new partnership framework

The Central Bank of Azerbaijan and the World Bank discussed the main directions of the new partnership framework for 2025-2028.

Central Bank currency rates for 7 March

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

Finance Ministry revealed unjustified payments for 726 million manats for 2023

Moody's: Azerbaijani government is well placed to support economy

Probability of government support for the largest banks in Azerbaijan remains high.

Kapital Bank has been honored in six categories by the Azerbaijan Banks Association (ABA)

Birbank presents exclusive campaign for “Yel çərşənbəsi”

Non-cash execution of these payments starts at Nakhchivan’s ASAN Xidmət

Central Bank currency rates for 6 March

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

Some importer companies postponed sale of currency in February

Liquid assets of the Azerbaijani banking sector amount to 13 bn manats

As of January 1, 2024, the liquid assets of the Azerbaijani banking sector totaled 13.1 bn manats, or 26.7% of sector's assets.

Kapital Bank takes home dual honors at World HR Summit 2024

Azerbaijan and Qatar discussed subsidies in financial sector

The Central Bank of Azerbaijan (CBA) and the Qatar Financial Center have engaged in discussions about potential financial sector concessions.

Banks’ demand at foreign exchange auction dropped by 14%

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Cost of bitcoin exceeds $68,000

The value of bitcoin increased by 8.18% during the trading session up to $68,284.

Birbank Biznes offers special “International Women Day” gift for business ladies