Central Bank`s chair about deterioration of situation with loan portfolio and bank loans

Central Bank`s chairman Elman Rustamov has conducted an online press conference

Azerbaijan Central Bank has kept the discount rate

The Board of the Central Bank of Azerbaijan has taken a decision to maintain the discount rate at the level of 6.5%

Azerbaijan to create a banking network on liberated territories

After the full liberation of the occupied territories of Azerbaijan, a banking network will be created on them

Exchange rate of Azerbaijani manat for 30 October

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

Central Bank sold $62.9 million at a currency auction

As a result of the auction, the weighted average exchange rate of the manat to the US dollar was AZN 1.70

Exchange rate of Azerbaijani manat for 29 October

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

To what extent has the manat turnover rate decreased?

The turnover rate of the Azerbaijani manat was 3.77 points as of 1 October 2020.

Loans to entrepreneurs in Nakhchivan grew by about 83%

The Nakhchivan Autonomous Republic has published the data on loans given to entrepreneurs for Jan-Sept 2020

Nakhchivan gave most of all loans for these spheres

The Nakhchivan Autonomous Republic has unveiled the data on the loans given to entrepreneurs for Jan-Sept 2020

Equity stakes in PASHA Bank redistributed

Turkish lira continues to fall in price

At the last meeting of the Central Bank of Turkey, the Turkish lira (TL) continues to decline in price due to the lack of interest rate increases and political problems

Exchange rate of Azerbaijani manat for 28 October

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

Bad fate awaits Armenia`s national currency – Devaluation is inevitable

The devaluation of the national currency of Armenia is inevitable

Three new bank branches opened for past month

Net profit of Azerbaijan’s banking sector drops almost by 2%

Some indicators of the banking sector of Azerbaijan for Jan-Sept 2020 have been published

Banks report a fall of retail deposits and a rise of companies’ deposits for Jan-Sept

Over Jan-Sept Azerbaijani banks’ deposit portfolio decreased

Azerbaijan has published a number of banking sector indicators for the past 9 months of this year

Azerbaijan`s banking sector assets declined

Azerbaijan has unveiled the amount of assets of the domestic banking sector as of 1 October 2020

Central Bank sold foreign currency for $64.1 million to banks at a currency auction

As a result of the auction, the weighted average exchange rate of the manat to the US dollar was AZN 1.70

Exchange rate of Azerbaijani manat for 27 October

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

Over AZN 547 million of compensation paid to 4 banks` depositors