Amount of income tax paid by banks for 11 months unveiled

By December 1, 2023, Azerbaijani banks had paid 254.8 million manats of income tax

Under the sponsorship of Kapital Bank, an engineering and entrepreneurship conference was organized

State repays these entrepreneurs’ debts to the bank in Azerbaijan

The State has repaid overdue loan debt obligations of 41 entrepreneurs in Azerbaijan

Number of client accounts in Azerbaijani banks grew by 2%

In November 2023, the number of customer accounts increased by 2% up to 38,573,764.

Number of ATMs in Azerbaijan has increased

As of December 1, 2023, the number of ATMs in Azerbaijan reached 3,114 cash machines.

Central Bank currency rates for 29 December

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

Banks to notify Central Bank in advance when opening exchange offices

Rate of manat circulation has decreased – Report

As of December 1, 2023, the circulation rate of the national currency of Azerbaijan, the manat, amounted to 3.52 points.

Banks’ demand at currency auction drops by 2.6%

Following today's auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Azerbaijan cuts tax rate on dividend income to 5%

One of the important changes in the direction of reducing the tax burden on business and stimulating entrepreneurial activity is the reduction of the tax rate on dividends.

The final draw of Birbank's "10,001 Gifts" lottery has concluded: the owner of the apartment has been identified

CBA to use artificial intelligence

Banks and Azerpocht to work on holidays

Azerbaijan's strategic currency reserves exceed $68 bn

The current account surplus of Azerbaijan's balance of payments for the first 9 months of 2023 amounted to $6.7 bn, or 12.5% of GDP.

Central Bank currency rates for 28 December

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

Banks received 3.177 bn manats of interest income

Banks received 2.336 bn manats from loans to customers

10 branches of banks closed in Azerbaijan this year

In November 2023, the number of bank branches in Azerbaijan reached 474 branches (10 branches (2.1%) less versus November 2022.

CBA is exempt from customs duties

AccessBank and BlueOrchard: new milestone of development with the USD 10M loan to support the small businesses in Azerbaijan

Central Bank currency rates for 27 December

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