Banks in Azerbaijan lower 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.

Exchange rate of Azerbaijani manat for 5 April

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

Exchange rate of Azerbaijani manat for 4 April

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

SOFAZ sold foreign currencies for $526.2 million

The State Oil Fund of Azerbaijan (SOFAZ) sold foreign currencies for $526.2 million at last month’s currency auctions.

Monetary base in Azerbaijan grew by 3% for March

In March 2022, the monetary base in Azerbaijan increased by AZN 414 million or 3% up to AZN 14.359 bn.

Exchange rate of Azerbaijani manat for 1 April

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

TCF net profit exceeds AZN 800,000 for 2021

NBCO TCF completed 2021 with net profit of AZN 818,319.

Foreigners made bank card transactions for AZN 391 million in Azerbaijan

Russia and India created a new system of international money transfers

Banks in Azerbaijan 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

Do terminals start charging interests on debit card receipts?

Exchange rate of Azerbaijani manat for 31 March

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

Exchange rate of Azerbaijani manat for 30 March

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

Number of bank cards has increased in Azerbaijan

The Central Bank has released some indicators of the banking system for Jan-Feb.

Central Bank of Azerbaijan has published a report

The banks received net profit of AZN 107.7 million and operating profit of AZN 161.8 million

Quantity of ATMs and POS-terminals increased in 2022

Retail deposits in banks increased

Number of employees in the banking sector increased

Banks in Azerbaijan increase demand at currency auction by 35%

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Banks' loan portfolio grew by 2% in February

The loan portfolio of Azerbaijan's banking sector increased by 2.1% (AZN 345.1 million) in February and amounted to AZN 17.126 bn.

Assets of Azerbaijan's banking sector have grown