Central Bank: Problem loans have grown again

The overdue loans in Azerbaijan amounted to AZN 921.5 million as of 1 May of this year

A 4-month report published on banking sector net profit

The financial situation in the banking sector of Azerbaijan has been published

Credit investments in banking sector increased

As of 1 May 2021 the credit investments in the banking sector of Azerbaijan amounted to AZN 14.61 bn

American company Citi Group leaves some countries

American financial corporation Citi Group plans to liquidate retail banking in Russia

HSBC withdraws from U.S. market and switches to a new strategy

British bank HSBC Holdings Plc will stop serving individual customers and small businesses in the U.S.

Central Bank sold $63.7 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

Exchange rate of Azerbaijani manat for 27 May

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

Gold and silver have grown in price

The prices of gold and silver at the world stock exchanges have been declared.

Exchange rate of Azerbaijani manat for 26 May

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

Central Bank sold $58.87 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

A new decision on credit unions

Retail deposits decreased by 5.3% in 2020

A decrease in savings was recorded in Azerbaijan in 2020, along with the income of the population, and the coefficient of propensity to save decreased

Exchange rate of Azerbaijani manat for 25 May

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

A new financial company under establishment

The State Tax Service has registered ALFACREDIT LLC

Proceeds from loans given to foreign countries exceed forecasts

Proceeds from loans given to foreign countries exceeded the forecast by 140 times

Exchange rate of Azerbaijani manat for 24 May

The Central Bank of Azerbaijan has announced the exchange rate of the manat to foreign currencies for 24 May 2021

Unibank to conduct shareholders’ extraordinary meeting

An extraordinary general meeting of shareholders of Commercial Bank Unibank OJSC will be held on 24 June 2021

Bank of Baku shareholders to gather for an urgent meeting

The shareholders of Bank of Baku are to gather for a regular general meeting

Gold has fallen sharply in cost

The prices of gold and silver at the world stock exchanges have been presented.

Exchange rate of Azerbaijani manat for 21 May

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

Kredaqro finished 2020 with loss

Non-bank credit organization Kredaqro LLC ended 2020 with loss of AZN 1.416 million