New requirements imposed for Azerbaijani banks

The Central Bank of Azerbaijan has put forward a demand to banks operating in the country to bring the security of information systems in accordance with ISO 27000 standards.

Azerbaijan’s reserve assets have grown

Exchange rate of Azerbaijani manat for 10 December

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.

Azerbaijan reports growth on return of capital over Jan-Sept

Central Bank sold $111.3 million to banks at a 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

Currency volumes received by Azerbaijan for Jan-Sept exceed income

The total balance of payments for the first 9 months of 2021 amounted to $2.437 bn

Exchange rate of Azerbaijani manat for 9 December

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

Fitch updates forecast on currencies

International rating agency Fitch has revised expectations for major currency pairs.

Zakir Nuriev: We will present financial and banking system of Karabakh

Discussions have begun on the restoration of the financial and banking system in the liberated territories of Azerbaijan, and a plan of concrete proposals has been prepared

Work on creation of digital manat begins

Even if we change the infrastructure, it will be very difficult for a person to adapt to digital transformation

Procedure for providing financial resources to local budgets changes

Liabilities of some NBCOs exceed AZN 10 million

Exchange rate of Azerbaijani manat for 8 December

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

New NBCO set up in Azerbaijan

The State Tax Service has registered SF AZERBAIJAN, a non-bank credit organization with authorized capital of AZN 300,000

A new audit company created

The State Tax Service under the Ministry of Economy has registered a new audit company - PKF Audit Consulting LLC

Banks acquired $99.9 million at a 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

Some NBCOs increased their loan portfolios last year

15 out of the 39 NBCOs that were on the market in 2019-2020 increased their loan portfolio last year.

NBCOs with loan portfolio of over AZN 15 million

The loan portfolios of four out of 42 NBCOs operating in Azerbaijan in 2020 and publishing the annual financial report exceeded AZN 15 million as of 1 January this year.

Creation of banking services begins in Karabakh

Exchange rate of Azerbaijani manat for 6 December

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

Exchange rate of Azerbaijani manat for 3 December

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