Advantegous offers continue for those transferring their loan obligations to Kapital Bank

Central Bank currency rates for 21 May

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

Syndicated US$ 10-million loan to the EBRD’s longstanding partner in Azerbaijan Photo

New appointment at Central Bank

The new appointment has been made at the Central Bank of Azerbaijan.

Kapital Bank's cash loan lottery: winners of first draw revealed and exciting prizes await

Central Bank currency rates for 20 May

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

CBA executive director: Our main goal is reinsurance of risks abroad

As a regulator, we divide the risks of the financial sector into two parts.

Farid Huseynov: Kapital Bank does not plan to buy Naxçıvan Bank

Kapital Bank does not plan to acquire Naxçıvan Bank, as well as any other bank.

CBA chair: Sustainable financial transition in Azerbaijan to be phased

It is planned to gradually implement sustainable financial transition in Azerbaijan, increasing the depth of financial markets and the potential of existing financial institutions.

Taleh Kazimov: Central Bank attaches great importance to transparency

This year has been significant for us. Today, Azerbaijan, like the countries of the world, is facing challenges related to climate change.

Last year, Kapital Bank's total assets grew by 11%

Kapital Bank to open a branch in Khankendi

UK’s gold mining company suffers losses in Azerbaijan

The earnings of British company Anglo Asian Mining PLC, which produces precious and non-ferrous metals in Azerbaijan, fell sharply after the environmental scandal last year and suffered losses as a result.

New appointment to management of Bank VTB (Azerbaijan)

Ilham Gafarov has been appointed an independent member of the Supervisory Board of Bank VTB (Azerbaijan).

Central Bank currency rates for 17 May

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

New appointment at Azerbaijan’s Central Bank

The Department of Financial Technologies and Innovation was established at the Central Bank of Azerbaijan (CBA).

Banks acquired almost $45 million at a foreign exchange 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.

Banks shift most of their obligations to customers to minimize losses

Employees of the legal departments of Azerbaijani banks draw up contracts with such professionalism that most of the obligations fall on customers.

Central Bank currency rates for 16 May

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

Cases of fraud with digital payments to be prevented

Azerbaijan is developing a sustainable plan to combat fraud in the field of digital payments.

In 3 years, El Salvador has mined almost 474 bitcoins thanks to volcanic energy

Since 2021, 473.5 bitcoins for about $29 million have been mined in El Salvador at a state geothermal power plant using volcanic energy, ABC.AZ reports, referring to Reuters.