Banks acquired $29.5 million at a 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 31 January

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.

List of the fastest-moving Azerbaijani banks in the ranking

By the end of 2022, Azer Turk Bank became the fastest growing bank in the ranking of banks. Thus, this bank was able to rise from 15th to 8th place.

Over AZN 6 bn spent on restoration of Karabakh

A total of AZN 6.5 bn ($3.8 million) from the State Budget have been used for the restoration of the liberated territories of Azerbaijan over the past two years.

Banks that reduced the most last year – Rating

Along with the banks that grew last year, there were also banks that remained stable or reduced.

Report on the fastest growing bank of Azerbaijan

A number of banks have grown in Azerbaijan.

List of the most active banks in Azerbaijan

A report on the list of banks with growing assets and growing portfolio has been distributed.

4 banks in Azerbaijan with assets exceeding AZN 2 bn

Azerbaijani banks have published their economic indicators for the end of 2022.

Central Bank currency rates for 30 January

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

Finances directed for fixed assets exceed AZN 18 bn

Deposit portfolio of banks has increased

The deposit portfolio of banks (excluding individuals engaged in entrepreneurship) grew by 1.3% (AZN 143.1 million) up to AZN 11.48 million.

Banks’ deposit portfolio grew by 2.7% in December

The Central Bank has published a report on financial and other indicators of banks for the past year.

Banks' loan portfolio grew more than by 17% last year

There were no significant changes in the dynamics of banks' loan portfolio in December

Credit investments in Azerbaijani economy grown much

Mastercard lost $30 million for suspension of operations in Russia

American financial corporation Mastercard has suffered annual losses of $30 million as a result of withdrawal from the Russian market and the sanctions.

Central Bank currency rates for 27 January

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

NBU has kept discount rate at 25%

Today, the National Bank of Ukraine (NBU) has decided to keep the discount rate at 25%

Banks did not submit bids for purchase of currency at auction 2nd time in a row

The Central Bank of Azerbaijan has held a currency auction with the participation of the State Oil Fund.

Czech Raiffeisenbank stops outgoing payments to Belarus and Russia

Raiffeisenbank in the Czech Republic stops making outgoing payments to Russia and Belarus from 15 February 2023.

IFC’s Support to Help Boost Financing for Smaller Businesses and Women Entrepreneurs at Bank Respublika

Central Bank currency rates for 26 January

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