Banks reduced demand at currency 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.

Central Bank currency rates for 27 December

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

Banking sector external liabilities increased

Number of payment cards in circulation exceeds 13 million 

Non-cash transactions grew 1.9-fold in November

Azerbaijani banks’ interest income increased by 29%

The Azerbaijani banks received AZN 2.47 bn of interest income for Jan-Nov 2022 (28.9% more versus Jan-Nov 2021)

Central Bank currency rates for 24 December

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

Volume of loans given by end of November calculated

Share of loans in foreign currency in Azerbaijan published

The loan portfolio of banks and non-bank credit organizations (NBCOs) in Azerbaijan grew by 18.1% up to AZN 20.218 bn.

Size of loan portfolio of banks and NBCOs unveiled in Azerbaijan

Over Jan-Nov 2022, the loan portfolio of banks and non-bank credit organizations in Azerbaijan increased by 18.1% up to AZN 20.218 bn

VTB (Azerbaijan) cancels commission on business loans

Main indicators of Azerbaijan’s banking sector published

The Central Bank of Azerbaijan has published the main indicators of the banking sector as of 30 November 2022.

Central Bank currency rates for 23 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.

Central Bank of Turkiye decided on interest rate

At the last meeting of the year, held on 22 December, the Central Bank of Turkiye (TCMB) kept the interest rate at 9% in line with market expectations.

This ministry’s powers reduced – DECREE

One of the powers of the Ministry of Finance has been abolished.

Chairman of board of Financial Monitoring Service appointed

Banks reduced demand at currency auction by 23%

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

Dollar exchange rate in Russia exceeds 72 rubles

The dollar exchange rate on the Moscow Stock Exchange rose above 72 rubles for the first time since 29 April 2022.

Central Bank currency rates for 22 December

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

CBA may start introducing Islamic banking in Azerbaijan

Bank of England presents design of banknotes with image of Charles III

The Bank of England presented on Tuesday the design of banknotes with the image of the new King of Great Britain Charles III.