PASHA Holding's financial organizations earned AZN 315 million a year

Bank of England raised discount rate to 1.75%

The Bank of England has raised the discount rate again.

Banks reduce demand 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.

Brazil's Central Bank raises interest rate

Brazil has raised interest rates to the highest level in 5 years.

Mobile banking services increased by 65%

Currency exchange rates for 4 August

The manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7280, the manat-lira rate AZN 0.0947 and the manat-ruble rate - AZN 0.0278.

Data unveiled on transfers from population’s current accounts

The total number of transfers from the current accounts of the bank's customers for past half of this year amounted to 111.7 million transfers, and the volume – AZN 151.1 bn.

Data unveiled on operations through national payment system

The total volume of transactions conducted through the National Payment System (AZIPS, XOHKS) amounted to AZN 128.2 bn, and their number is 38.8 million.

Number of payments via system of instant payments reached 133,000

Societe Generale suffers loss of 3.3 bn euro

France’s Societe Generale SA recorded net loss in the 2nd quarter of 2022.

New rules of banking sector approved

Quantity of payment cards in circulation has increased

Volume of card transactions has increased

Transactions through Government Payment Portal grew by 18%

The expansion of the capabilities of the Government Payment Portal, created for the centralized collection of payments for budget payments and mass services, has continued.

84.6 million card transactions made through Interbank Card Center for past half of 2022

Over Jan-Jun 2022, the positive trend in the development of the card infrastructure continued, and the continuity of operation of the Interbank Card Center was ensured.

Currency exchange rates for 3 August

On 3 August, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7312, the manat-lira rate AZN 0.0948 and the manat-ruble rate - AZN 0.0282.

SOFAZ sold finances for $212.3 million in July

The State Oil Fund of Azerbaijan has published a statement on the sale of the currency for July.

Amount of frozen Russian finances in Belgium has increased to €50.5 bn

The Belgian authorities have frozen €50.5 bn belonging to Russian individuals, companies and other legal entities that have been sanctioned

Banks double demand 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.

Pasha Bank Georgia ends 2nd quarter with loss

Pasha Bank Georgia has increased its loan portfolio

PASHA Bank's subsidiary in Georgia, Pasha Bank Georgia, completed the 1st half of 2022 with losses, ABC.AZ informs with reference to bank's report.