Azerbaijan posts increase of AZN 76 million in loan portfolio

State will remain the main shareholder of Bank ABB

Azerbaijani manat exchange rate for September 1

Manat rose against the euro, dropped against the Russian ruble and is stable against the US dollar and the Turkish lira

Banks' balance sheet capital increases

Banks purchase $51 million at foreign exchange auction

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

Visa and Mastercard intend to increase fees for credit card payments

Banks' funds in CBA down

As of August 1, 2023, the funds of Azerbaijani banks in the Central Bank of Azerbaijan (CBA) amounted to AZN 3,401.8 million.

Azerbaijani manat exchange rate for August 31

Manat dropped against the euro, rose against the Turkish lira and the Russian ruble and is stable against the US dollar.

Income tax payments by banks up

Bitcoin exceeds $27,500 on court ruling

Bitcoin price rose by almost 6% in an hour — to levels of about $27,500 — after a court in the United States granted Grayscale Investments' petition in a case against the SEC.

Azerbaijani manat exchange rate for August 30

Manat dropped against the euro, rose against the Russian ruble and is stable against the US dollar and the Turkish lira.

Are Chinese banks cutting interest rates on deposits?

Chinese banks are considering additional discounts on deposit interest to support growth.

Banks purchase $58.9 million at foreign exchange auction

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

Azerbaijani lawmaker suggests tax-exemption for protected deposits

Over the past months of the current year, banks recorded a twofold decline in monthly volume of household deposits.

Azerbaijani manat exchange rate for August 29

The manat dropped against the euro and the Turkish lira and is stable against the US dollar and the Russian ruble.

New appointment at Kapital Bank

An appointment has been made to the position of the public relations process owner at Kapital Bank OJSC.

Azerbaijani manat exchange rate for August 28

The manat dropped against the euro, rose against the Turkish lira and the Russian ruble and is stable against the US dollar.

Mastercard and Visa stop working with Binance

Banks that paid income tax ahead of schedule

Of the 24 banks operating in Azerbaijan, 11 did not wait until the end of the year and paid income tax ahead of schedule.

Banks receive interest income worth AZN 307.5 million in July

VTB (Azerbaijan) raised rates on deposits in manats