Oil Fund received income from exchange rate difference on currency transactions

The State Oil Fund of Azerbaijan has published a report for the past year

Oil Fund has reported on profit

Mortgage & Credit Guarantee Fund to pay AZN 92,000 to chosen auditor

Central Bank sold $76.3 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

TuranBank has attracted a large loan from an esteemed financial institution

Four banks’ loan portfolio in Azerbaijan exceeded AZN 1 bn

The loan portfolio of four out of the 26 banks operating in Azerbaijan exceeded AZN 1 bn as of 1 July 2021

Five banks’ loan portfolio decreased in Azerbaijan

Out of the 26 banks operating in Azerbaijan, the loan portfolio of five ones as of 1 July 2021 was smaller in annual comparison

Exchange rate of Azerbaijani manat for 6 August

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

ADIF finished 2020 with loss of AZN 602 million

ADIF ended 2020 with loss of AZN 602.8 million against profit of AZN 59.629 million in 2019

Central Bank sold $40.2 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

Finances directed for fixed assets in Baku increased

Exchange rate of Azerbaijani manat for 5 August

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

Russian banking sector assets in Azerbaijan lowered

As of 1 April 2021 the assets of the Russian banking sector in Azerbaijan amounted to $705.4 million

National Bank of Georgia has brought discount rate up to 10%

The Monetary Policy Committee of the National Bank of Georgia at a meeting on Wednesday decided to raise the refinancing rate by 50 basis points up to 10% per annum

Central Bank: Payments through government payment portal has reached AZN 2 bn

Central Bank has published statistics on digital banking

Number of POS-terminals and ATMs has increased in Azerbaijan

Central Bank: Rate of e-commerce transactions grew by 40%

The number of e-commerce transactions in the first half of 2021 increased by 40.3% up to 43.2 million operations and the size by 35.6% up to AZN 2.4 bn

Non-cash payments amounted to AZN 4.5 bn for past half of 2021

In the 1st half of 2021 the total volume of payment card transactions within the country increased by 22.3% (versus Jan-Jun 2020) up to AZN 15.9 bn

Central Bank: Number of payment cards increased by 16%

There is a positive trend in the number of payment cards and indicators of non-cash use in Azerbaijan

Data on transactions through instant payment system disclosed