Most crypto assets do not respond to control mechanisms

We are working over development of a draft law on management of crypto assets in the fight against threats to financial stability.

CBA has approved a roadmap on this direction

The decision of the Board of the Central Bank of Azerbaijan has approved the Roadmap on Sustainable Finance for 2023-2026 to ensure sustainable transformation of the financial sector.

Central Bank currency rates for 22 February

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

Banks lower demand by 3% 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.

List of banks where wage costs grow rapidly

In 2022, payroll expenses increased in a number of banks operating in Azerbaijan.

Salary expenses of banks in Azerbaijan have increased

In 2022, salary expenses in Azerbaijani banks increased almost by 25%.

Central Bank currency rates for 21 February

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

Banks with liabilities for more than AZN 2 bn

As of 1 January 2023, the volume of liabilities of four out of the 24 banks operating in Azerbaijan exceeded AZN 2 bn.

Number of counterfeit 100-manat banknotes has increased

From 2006 to 2022, the Central Bank detected 10,095 pieces of counterfeit money.

List of the most profitable banks in Azerbaijan

In 2022, the Azerbaijani banks received a total of about AZN 4 bn.

CBA conducts monitoring of protection of banknotes

We try to ensure that the population always prioritizes the culture of behavior with banknotes.

Banks' interest income increased by 30% in 2022

Interest and non-interest income of banks in Azerbaijan increased in 2022.

Azerbaijani banks observe growth on interest and non-interest income

Azerbaijani banks’ non-interest income is increasing.

Central Bank currency rates for 20 February

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

Manat rose in price against some currencies in 2022

List of Azerbaijani banks with loan portfolios over AZN 1 bn

The volume of the portfolio of business loans in three out of the 24 banks operating in Azerbaijan has become known.

Central Bank currency rates for 17 February

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

550,000 contactless payments made on railway in 2022

Money transfers from abroad to Azerbaijan increased in 2022

Azerbaijan received $3.4 bn in remittances in 2022.

Azerbaijani banks increased operations on purchase and sale of cash currency in 2022

The Azerbaijani banks carried out transactions on the purchase and sale of foreign currency in cash for totally $5.1 bn in 2022.

The loss of Russian banks from Top 10 in 2022 amounted to $2.63 bn

The ten largest Russian banks by assets in 2022 showed a loss of 197 bn rubles ($2.63 bn), the profit of other players in the sector amounted to 400 bn rubles.