Rashad Orujev appointed as first deputy chairman at Central Bank

Banks with operating expenses over AZN 30 million

The operating expenses of five out of the 26 banks operating in Azerbaijan exceeded AZN 30 million in the 1st quarter of this year.

Exchange rate of Azerbaijani manat for 8 June

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

Banks with non-interest income of over AZN 10 million

Prices in cryptocurrency market have fallen

Rising bond yields have also lowered prices in the cryptocurrency market, reducing risks in global markets.

Belarusian Belinvestbank also came under sanctions

Banks reduced demand by 68% at the currency auction

Japan imposes sanctions on Rosselkhoznadzor and Credit Bank of Moscow

Vugar Bayramov: About AZN 14 bn to be directed for social sphere this year

MP Vugar Bayramov stressed that the amendments to the State Budget are to be prepared.

MP about opportunity to raise more money to State Budget

The increase in budget opportunities allows us allocating more social-purposeful financing

Exchange rate of Azerbaijani manat for 7 June

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.

Interest income on some banks has fallen

The interest income of five out of 26 banks operating in Azerbaijan in the 1st quarter of this year was less versus Q1 of 2021.

Azerbaijani banks whose interest income exceeds AZN 100 million

The interest income of five out of the 26 banks operating in Azerbaijan exceeded AZN 100 million in the 1st quarter of 2022.

Exchange rate of Azerbaijani manat for 6 June

On 6 June, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.8238, the manat-lira rate AZN 0.1031 and the manat-ruble rate - AZN 0.0270.

Iranian bank Sina may open a representative office in Russia

NBCO with authorized capital of AZN 20,000 under liquidation

The liquidation of Universal Kredit LLC has been announced.

Top 5 of banks in Azerbaijan on operating profit

The operating profit of five out of Azerbaijan's 26 banks in the 1st quarter of 2022 exceeded AZN 35 million.

Ruble falls against US dollar and euro

Exchange rate of Azerbaijani manat for 3 June

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

Mastercard appoints new General Manager for Azerbaijan and Turkiye

MasterCard International Payment Company has appointed a new General Manager for Azerbaijan and Turkiye.

Authorized capital of 4 banks has increased in Azerbaijan

The authorized capital of four of the 26 banks operating in Azerbaijan exceeded the annual figure as of 1 April 2022.