Money transfers in Azerbaijan reduced by 58% for Jan-Nov

Azerbaijani banks received 2.267 billion manats through fast money transfer systems.

Deposit interest rates increase in Azerbaijan

The profitability of recently attracted bank deposits has increased in Azerbaijan, ABC.AZ reports, referring to CBA’s statistical bulletin.

Azerbaijan changes procedure of taxation of income on deposits

Starting from 2024, the procedure of taxation of interest income on bank deposits is likely to change in Azerbaijan.

World’s banks sacked over 60,000 officials in 2023

Twenty of the world’s biggest banks cut at least 61,905 jobs in 2023

Demand at CBA currency auction drops by 11%

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

Assets of banks in Azerbaijan dropped by 1.9%

As of December 1, 2023, the assets of the Azerbaijani banking sector amounted to 46.172 billion manats.

Number of bank cards has grown by 355,000 – Report

Banks' loan portfolio observed growth for November

The banks' loan portfolio increased by 1.9%, or by 421.5 million mantas, reaching 22.88 billion mantas in November 2023.

Bitcoin grew more than by 160% in 2023

This year, bitcoin increased more than by 160% - from $16,500 up to $44,000.

Central Bank buys a desktop bill counter

Birbank presented gifts to the winners of the "10,001 Gifts" lottery

Central Bank currency rates for 26 December

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

Azerbaijan fixes daily limit on currency exchange operations

Central Bank currency rates for 25 December

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

Additional powers granted to Central Bank

Rules for drawing up and executing State Budget changed

The Cabinet Ministers has amended the Rules of Preparation and Execution of the State Budget.

S&P Global Ratings: No bank defaults in Azerbaijan for past 5 years

Retail deposits in the system have increased by 70% since the end of 2016.

Level of dollarization of deposits in Azerbaijan is less than in Armenia

WB enters active phase of AZTAF program in Azerbaijan

The World Bank held the presentation on Azerbaijan Rapid Technical Assistance Facility (AZTAF) in Baku.

Central Bank currency rates for 22 December

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

Money transfers from Iraq to Azerbaijan increased

The money transfers from Iraq to the population of Azerbaijan has increased 9-fold times this year.