Money transfers to Azerbaijan increased more than by 5%

Money transfers of individuals to Azerbaijan in the first quarter of 2022 amounted to $239.97 million (5.9% more against Q1 of 2021)

SOFAZ's budget expenditures totaled AZN 11.38 bn in 2021

Staff reshuffles at Central Bank of Azerbaijan

PASHA Bank’s chairman of board appointed

According to the decision of the shareholders’ general meeting, since 9 June Javid Guliyev has been appointed chief executive officer and chairman of board at PASHA Bank

Central Bank of Russia lowers discount rate to 9.5%

The Bank of Russia held a board meeting.

Income from cryptocurrency transactions to be taxed

Individuals who receive income from cryptocurrency transactions must obtain an INN by registering at the tax authorities

Capital for over $1 bn withdrawn from Azerbaijan for Q1 of 2022

Exchange rate of Azerbaijani manat for 10 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 increase demand by 83.5% at currency auction

$33.4 million was sold at today’s auction ($15.2 million or 83.52% more than in the previous auction)

Visa and Mastercard return insurance deposits to Russian banks

Baku Interbank Currency Exchange closed 

ECB to announce interest rate decision

AccessBank is the first Azerbaijani bank, applying UN Womens Empowerment Principles

VTB (Azerbaijan) congratulated the winners of the Olympiad on the theme “Year of the City of Shusha” - Photo

Exchange rate of Azerbaijani manat for 9 June

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

Russia’s international reserves decreased by $5.6 bn this May

Russia's international reserves declined by $5.6 bn in May and by $43.2 bn since the beginning of the year.

World Bank gives financial aid to Ukraine under guarantees of 4 European countries

The WB Board of Executive Directors has endorsed the financing for Ukraine in the amount of $1.49 bn.

WB allocated $1.49 bn to Ukraine

President signs an order on appointment to Central Bank

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.