National Bank of Iran, which put its property up for sale, ended 1st quarter with profit

The Baku branch of the National Bank of Iran, the only bank with Iranian capital operating in Azerbaijan, has announced the results of the 1st quarter of 2023.

Bank of Korea has once again kept discount rate stable

The Bank of Korea has made a decision on the discount rate.

Central Bank currency rates for 11 April

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

Binance cannot find a bank to process customer funds

The American division of the Binance cryptocurrency exchange is trying to find a bank to process its customers' funds after the bankruptcy of Signature Bank last month

Up to $66 million in bonuses for top Credit Suisse executives cut

The Swiss Federal Council (government) has instructed the Ministry of Finance to cut bonuses for thousands of representatives of the top management of Credit Suisse Bank totaling 60 million Swiss francs ($66.1 million)

Central Bank currency rates for 10 April

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

Central Bank currency rates for 7 April

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

Turkish bank gets a loan of €100 million from Bank of Germany

A Turkish bank has received a loan of €100 million from Germany’s Development Bank.

U.S. investment bank Goldman Sachs fined

Well-known American investment bank Goldman Sachs has been fined.

Business loans softened in Azerbaijan

There has been a softening of the terms of business loans in Azerbaijan.

Banks halved 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.

Kapital Bank paid back the loans of 49 customers

Central Bank currency rates for 6 April

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

Nakhchivanbank has not paid interest to its depositors for 3 years

A unique event has been registered in the banking sector of Azerbaijan.

VTB (Azerbaijan) supported the concert in honor of the anniversary of Sergey Rachmaninoff

One of Canada's largest banks may go bankrupt

During the banking crisis that shook Silicon Valley Bank and then spread to Switzerland, all attention is focused on Canada.

Marathon Digital has increased bitcoin mining

Mining company Marathon Digital, which ranks second on the planet in terms of the volume of stored bitcoins, has set a record for the production of this cryptocurrency.

Gold rose in price by $190

Gold prices in the United States rose by almost 2% after the published data, exceeding $2,000.

SOFAZ increased sale of foreign currency in March

The State Oil Fund has published information on the sale of the currency in March 2023.

Central Bank currency rates for 5 April

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

Monetary base in Azerbaijan has grown by 23% this year