Names of new board members listed on Central Bank's website

The names of the new members of the Board of the Central Bank of Azerbaijan, appointed on 31 May, have been listed on the CBA’s website.

Banks at currency auction increase demand by 85%

$56.4 million was sold at today’s foreign exchange auction ($26 million or 85.53% more than in the previous auction.

Gunay Bank requests property of customers who haven’t returned the loan

Gunay Bank withdrew large amounts of property from customers who did not repay the loan

Central Bank draws up a penalty protocol against a Kazakh company

Up to 3% discount from AccessBank for entrepreneurs !

MP: There is a need to revise the budget

Exchange rate of Azerbaijani manat for 2 June

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

Monetary base in Azerbaijan has grown more than by 2%

VTB (Azerbaijan) increased the yield on childrens deposit up to 11%

Exchange rate of Azerbaijani manat for 1 June

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

Income of NBCOs with MP’s equity stake has decreased

NBCO Embafinance CJSC, which accounts for the share of MP Mashkhur Mammadov, reduced interest income by 4.6% to AZN 9.63 million in 2021, and interest expenses by 12% to AZN 1.83 million

SOFAZ increased sale of foreign currency for past 5 months of 2022

Over Jan-May 2022 the State Oil Fund carried out the sale of currency in the amount of $2.46 bn

Finances transferred to State Budget last year unveiled

The Bill on the execution of Azerbaijan State Budget 2021 has been discussed at today’s parliament session.

Why do WB reps come to Baku? - Details

VTB (Azerbaijan) cuts interest rates on cash loans to 14.5%

Banks in Azerbaijan increase 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.

Main sources of budget revenue growth unveiled

Central Bank’s new members of board appointed

New members of the Board of the Central Bank of Azerbaijan have been appointed.

Accreditation for conformity assessment activity of Azsertcenter LLC cancelled

Exchange rate of Azerbaijani manat for 31 May

On 31 May, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.8267, the manat-lira rate AZN 0.1037 and the manat-ruble rate - AZN 0.0268

New NBCO established in Azerbaijan