President has endorsed amending to Law on Banks

President Ilham Aliyev has approved the amendments to the next law.

Exchange rate of Azerbaijani manat for 22 December

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

Rate of bank customers has sharply grown

The number of the bank clients in Azerbaijan as of November 2021 reached 11,700,301 people

Number of bank branches has increased and their sub-branches decreased

Since the beginning of 2021 there has been an increase in the number of bank branches in Azerbaijan, as well as a reduction in the number of bank sub-branches.

Types of loans that increased for past 11 months

In total, the loans given by Azerbaijani banks to customers for the past 11 months of 2021 reached AZN 2.125 bn, including the loans for AZN 284.7 million in November (growth up to AZN 16.28 bn).

Number of ATMs and POS terminals has increased

In November, the non-cash domestic transactions with payment cards made up 34.8% of the total volume of transactions.

Azerbaijan reports rise on non-cash transactions over past 11 months

An increase in the number of payment cards has had positive effect on the non-cash payments.

Quantity of bank cards in Azerbaijan has increased

Credit investments in banking sector totaled AZN 16 bn

As of 1 December 2021 the credit investments in the banking sector of Azerbaijan amounted to AZN 16.28 bn.

Share of problem loans in Azerbaijan reduced

Central Bank sold $102.4 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

Exchange rate of Azerbaijani manat for 21 December

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

Exchange rate of Azerbaijani manat for 20 December

The Central Bank of Azerbaijan has announced the exchange rate of the manat to foreign currencies for 20 December 2021.

Accounts Chamber conducted an audit at Advertising Agency

The Accounts Chamber of Azerbaijan has conducted an audit at the State Advertising Agency

Central Bank: Interests on loans kept almost unchanged and deposits increased

Over the past period interests on loans have remained almost unchanged, and a certain increase of interests on deposits has supported the collection

Azerbaijan's currency reserves increased for past 11 months

Over Jan-Nov 2021 Azerbaijan's strategic currency reserves grew by $2.2 bn (4.4%) and exceeded $53 bn

Central Bank raised discount rate

The Board of the Central Bank has raised the discount rate by 0.25 percentage points

Special loan campaign for the professional holiday of the Ministry of Defense Industry employees!

Quantity of NBCOs grows - Central Bank has issued another license

By the decision of the Board of the Central Bank of Azerbaijan a license has been issued to one more non-bank credit organization - Fincapital LLC.

Exchange rate of Azerbaijani manat for 17 December

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

Turkey declares a decision on discount rate: decrease by 1 point

The Central Bank of Turkey has announced the discount rate decision.