Central Bank currency rates for 24 January

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

Number of POS-terminals in Azerbaijan exceeds 86,000

As of December 31, 2023, the number of ATMs installed by banks in Azerbaijan is 3,112 (1.4% more than at the end of 2022).

Central Bank reveals shortcomings in work of AzeriCard

The Central Bank of Azerbaijan has completed inspections in connection with the incident that occurred on January 6, which caused disruptions in bank card transactions.

Banks paid 600 million manats of deposit interests to population for 2023

In 2023, Azerbaijani banks paid interests on attracted deposits in the amount of 596 million manats.

Last year, Kazakhstanis bought 1.6 tons of gold bullion

Banks' interest income on loans grew by 17.3%

The Central Bank of Azerbaijan has published data on the revenues of Azerbaijani banks from loans for 2023.

NBCOs’ net profit amounted to about 76 million mantas in 2023

State Budget allocated 5.6 bn manats in 2023 for restoration of liberated lands of Azerbaijan

Problem loans in Azerbaijan declined by 26%

As of January 1, 2024, the amount of overdue loans in Azerbaijan totaled 437.8 million manats.

Banks’ demand at foreign exchange auction drops by 24.3%

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

Banks’ loan portfolio exceeded 23 bn manats

In December, the loan portfolio of banks increased by 1.3%, or by 301.7 million manats, up to 23.18 million manats.

Azerbaijan unveils quantity of bank cards

Azerbaijani banks completed 2023 with net profit of 1.08 billion manats

In Azerbaijan, the banks received 1.076 bn manats of net profit in 2023.

Central Bank currency rates for 23 January

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

SOFAZ increased its assets in manats

SOFAZ unveils data on transfers to State Budget

As of January 1, 2024, the State Oil Fund (SOFAZ) transferred finances for totally AZN 143.15 bn to the State Budget.

Central Bank currency rates for 22 January

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

Kapital Bank has increased its deposit rate to 10%

Azerbaijani banks’ assets exceed AZN 49 bn

SOFAZ made 56% of transfers to State Budget in foreign currency

In 2023, the Azerbaijan State Oil Fund (SOFAZ) had to make 56% of transfers to the State Budget in foreign currency

Azerbaijan unveils banks with highest non–interest income

The names of banks in Azerbaijan with the highest interest income for Q4 of 2023 have been published.