Statement that some banks in Azerbaijan do not accept old dollar bills clarified

Central Bank’s chairman Taleh Kazimov has clarified the matter relating to the fact that some banks in Azerbaijan do not accept old dollars.

Azerbaijani banks to start rendering brokerage services from this year

The Central Bank of Azerbaijan intends to involve local banks in rendering brokerage services starting from this year.

Taleh Kazimov: Starting from next year, we’ll see impact of discount rate on deposit segment

The discount rate in Azerbaijan is expected to affect deposit interest next year.

Azerbaijan's strategic foreign exchange reserves grew by end of 2023

Azerbaijan has published strategic foreign exchange reserves as for the end of 2023.

What will be current account surplus?

It became known what the current account surplus of Azerbaijan will be at the end of 2023.

Taleh Kazimov: Our economic growth to average 3-4% in 2025

Our monetary base has grown by 29.6%.

Supply exceeded demand at 92% of currency auctions

Networking Event in the Field of Risk Management Successfully Executed

Central Bank lowers discount rate to 7.75%

The Board of the Central Bank of Azerbaijan (CBA) has decided to reduce the discount rate by 0.25 percentage points - from 8% to 7.75%.

Central Bank currency rates for 31 January

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

Demand increased by 50% at currency auction

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

Central Bank currency rates for 30 January

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

Rabitabank declares a tender in two directions

VTB (Azerbaijan) has reduced the interest rate on cash loans to 10.49% per annum

Budget revenues from Customs Committee increased

Birbank team has won the Azerbaijan Championship

CBA approves Rules for organization of work with payment agents

The Board of the Central Bank of Azerbaijan has approved the Rules for the organization of work with payment agents,

Central Bank currency rates for 29 January

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

Cyber resilience in financial markets to be strengthened

The cyber risk management culture will be strengthened in the financial markets.

Weight of non-cash payments on card transactions to grow up to 70%

It is planned to increase the weight of non-cash payments in card transactions in Azerbaijan from current 55% to potentially 70%.

Dependence on pawnshops in Azerbaijan to decrease