Banks reduce demand by 37% 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.

EBRD president to visit Azerbaijan next week

President of the European Bank for Reconstruction & Development (EBRD) Odile Renaud-Basso will visit Azerbaijan from 11 to 13 September.

Balance sheet capitals of these NBCOs decreased

The volume of the balance sheet capital of NBCOs operating in Azerbaijan has been unveiled.

List of NBCOs with growing balance sheet capital

29 out of 56 non-bank credit organizations operating in Azerbaijan have increased their balance sheet capital compared with the data as of 1 January 2022.

Central Bank currency rates for 8 September

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.

State insurance reserves can be used as a bank deposit

Use of state insurance reserves as a bank deposit can become possible in Azerbaijan.

One NBCO enters the market this year

Only one non–banking organization has entered the market this year - NBCO SF Azerbaijan.

14 NBCOs report decline on their loan portfolio

The loan portfolio of NBCO in Azerbaijan has ben published.

Loan portfolio of 25 NBCOS in Azerbaijan has grown

The loan portfolio of 25 non-bank credit institutions out of the 26 ones operating in Azerbaijan as of 1 January 2022 exceeded the annual one.

Optimal Finance starts issuing bonds for AZN 2 million

Non-bank credit organization Optimal Finance LLC issues bonds in the amount of AZN 2 million.

Central Bank currency rates for 7 September

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

Belarus to repay debt, received in dollars from China, in yuans

Belarus will repay dollar loans, raised from China, in yuans

Mortgage loans for AZN 53 million given to 669 persons in Azerbaijan

Technical infrastructure of interbank Card Center is modernized

The Central Bank is conducting trial work as part of the modernization of the technical infrastructure of the interbank Card Center.

VTB Head: It is important that our bank works in Azerbaijan

VTB CEO Andrey Kostin spoke about bank's future activities, including the fact that it will maintain its presence in Azerbaijan.

VTB CEO: Bank plans to keep its presence in Azerbaijan

Banks lower demand by 5.6% at today’s currency auction

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

Central Bank currency rates for 6 September

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

Azerbaijani banks do not give loans to these individuals

A bank in U.S. mistakenly transferred money to a citizen's account

An unusual event happened in the U.S. The bank, whose name has not been disclosed, transferred money to its client's account in the amount of $50 billion

Gold has grown in price

The US dollar determines the price of gold at the level of $1,720.