Banks of Azerbaijan reports an increase of retail deposits

February 17, Fineko/abc.az. The amount of population’s deposits at banks grew by 13% in 2021

Exchange rate of Azerbaijani manat for 17 February

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

Banks with lowered interest income

Out of the 26 banks operating in Azerbaijan, seven ones had low initial interest income in 2021 compared with the previous year.

Banks with interest income over AZN 100 million

In 2021, the interest income of five out of the 26 banks operating in Azerbaijan exceeded AZN 100 million.

Exchange rate of Azerbaijani manat for 16 February

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.

Banks 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 AZN/USD

Central Bank halts benefits for banks

The Central Bank of Azerbaijan has already announced that there is no need to extend the rule introduced in 2020 in connection with the pandemic.

Exchange rate of Azerbaijani manat for 15 February

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

Elman Rustamov: We’ll have extra currency reserves

"High oil prices in the world markets are strong support for the exchange rate of manat."

Changes in Supervisory Board of Premium Bank

There have been personnel changes in the Premium Bank’s Supervisory Board.

Exchange rate of Azerbaijani manat for 14 February

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

Manat depreciates - probability of devaluation increases

According to official data, annual inflation in Azerbaijan in 2015 was 4%, in 2016 - 12.4%, in 2017 - 12.9%, in 2018 - 2.3%, in 2019 - 2.6%, in 2020 - 2.8%, in 2021 - 6.7%.

Central Bank puts into circulation a new 20-manat bill

Starting from today, on the eve of its 30th anniversary, the Central Bank of Azerbaijan has issued a new 20-manat banknote dedicated to theme "Karabakh".

Exchange rate of Azerbaijani manat for 11 February

The Central Bank of Azerbaijan has announced the exchange rate of the manat to foreign currencies for 11 February 2021.

Budget money appropriated at Azerbaijani Embassy in Jordan

The State Financial Control Service of the Ministry of Finance has revealed breaches in some ministries.

Violations revealed at Ministry of Foreign Affairs

The Ministry of Finance has revealed breaches at the Ministry of Foreign Affairs.

Banks 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.

Banks with reduced and increased deposit portfolio in Azerbaijan

Out of the 26 banks operating in Azerbaijan, as of 1 January 2022, several banks had deposit portfolio less than the annual one.

Exchange rate of Azerbaijani manat for 10 February

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

Moody's warns about decline of dollarization of deposits in Azerbaijan

Moody's has made an appeal in connection with Azerbaijan.

TuranBank has signed an agreement with a reputable financial institution