Banks increased demand at currency auction more than by 75%

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 1 November

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

Public confidence to banks has grown – number of deposits increased

Population's bank deposits increased by AZN 367.3 million up to AZN 11.225 bn this September.

Central Bank of China lowers exchange rate of yuan to US dollar

The People's Bank of China (central bank) lowered the yuan exchange rate by 70 points on Monday, to 7.1768 per dollar

Central Bank currency rates for 31 October

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

Central Bank: Some changes to strengthen restraining effect on inflation

Since the last meeting, there have been a number of changes in monetary conditions that will strengthen the restraining effect on inflation

Number of bank employees increased by 13.5%

The Central Bank has announced the number of bank employees in Azerbaijan.

Assets of Azerbaijan's banking sector grew more than by 26%

As of 1 October 2022, the assets of the banking sector of Azerbaijan amounted to AZN 43.6 bn (26.4% more against the indicator as of 1 October 2021.

Problem loans in Azerbaijan decreased more than by 25%

As of 1 October 2022, the amount of overdue loans in Azerbaijan amounted to AZN 649.5 million (1.5% less than on 1 September 2022), the CBA informs.

Azerbaijan observes increase of money transfers for this reason

Chief banker: We don’t know steps that could fall under sanctions

Taking into account the sanctions imposed by Western countries against Russia, the CBA continues to exercise control in this direction

Taleh Kazimov: Discount rate starts to have real impact on market

The Central Bank raised the discount rate, in connection with which Taleh Kerimov held a press conference on this occasion.

Taleh Kazimov: Our main goal is to make discount rate affect market faster

The application of a new operating system of monetary policy in Azerbaijan since 1 September has begun to affect interest rates on the interbank market.

Azerbaijan's currency reserves exceed $55 bn

Azerbaijan's foreign exchange reserves have increased by 3.5% since the beginning of this year and reached $55.1 bn.

CBA increases discount rate to 8%

The Central Bank of Azerbaijan has increased the discount rate by 25 basis points up to 8%.

Russian central bank may raise discount rate – Forecasts

By the end of 2022, the Central Bank of Russia may keep the discount rate at 7.5% per annum or increase it to 7.75%.

Central Bank currency rates for 28 October

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

ECB continues raising aggressively interest rates

The European Central Bank (ECB) announced the decision on the rate.

Net profit of Bank VTB Azerbaijan increased 2.4-fold

Bank VTB Azerbaijan has published a financial report on the results of Q3 of this year.

Bank Eurasia increased investments in securities

Compared with the end of 2021, for the past 9 months of 2022 the total assets of Bank Eurasia increased by AZN 38.56 million, or by 22.7%, reaching AZN 205.5 million.

BTB Bank's total capital falls below limit set by Central Bank

Compared with early 2022, BTB Bank's loan portfolio decreased by AZN 12 million.