Adil Aliyev becomes a member of SOFAZ Supervisory Board

Milli Majlis deputy chairman Adil Aliyev has been appointed to the Supervisory Board of the State Oil Fund of Azerbaijan (SOFAZ) as a member representing the parliament

Yelo Bank punished employees who abused their authority

Yelo Bank has spread a statement in connection with the criminal prosecution of two former employees

Gold has fallen slightly in price

Central Bank announced exchange rate for 6 May

The Azerbaijani manat has risen to the euro, fallen to the Russian ruble, while is stable to the US dollar

PASHA Bank`s subsidiary in Georgia suffered losses last year – over AZN 5 million

The Georgia-based subsidiary of Pasha Bank started operating under a new name

PASHA Bank`s chair spoke about devaluation - We don`t believe it will occur

We don`t believe that another devaluation will occur in Azerbaijan under the current conditions

Central Bank sold $62.9 million to banks in a currency auction

The Central Bank of Azerbaijan has conducted a currency auction with the participation of the State Oil Fund

Rate of salary cards decreased by 13,000

In March the total number of payment cards in Azerbaijan amounted to 7.855 million cards

Number of credit cards in Azerbaijan has grown

The total number of payment cards in Azerbaijan reached 7.855 million at the end of March 2020

Gold drops in price almost by $10

Prices for gold and silver on world exchanges have been declared

Central Bank announced exchange rate for 5 May

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 5 May

AFB Bank`s profit grew sharply - by 23 times

On 1 March 2020 the total assets of AFB Bank reached AZN 577.458 million

For Jan-Mar 2020 AFB Bank`s loan portfolio more than doubled

AFB Bank occupies the 1st place among banks for the 1st quarter of 2020 on the dynamics of growth of the loan portfolio

SOFAZ received $2 bn for past 4 months

The Azerbaijan State Oil Fund announced the amount of funds received for Jan-Apr 2020 from the sale of profit oil from oilfield block Azeri-Chirag-Guneshli and condensate from Shah Deniz field

Central Bank`s lawyer: Another statement made about closed banks

Transfer of money to entrepreneurs who received governmental support in connection with the pandemic to their accounts in closed banks worried many businessmen

Central Bank raised AZN 200 million in a deposit auction

The Central Bank of Azerbaijan has raised AZN 200 million in a deposit auction

Gold has grown in price by $6.50

Prices for gold and silver offered on world exchanges have been declared

Central Bank announced exchange rate for 4 May

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 4 May

Central Bank`s currency reserves grew almost by $8 million

Central Bank`s foreign exchange reserves increased by $7.9 million for April 2020.

AtaBank and Amrahbank excluded from ADIF - their certificates revoked

Official information on banks declared bankrupt in Azerbaijan

By the decision of the Baku Court of Appeal dated 30 April 2020, AtaBank and Amrahbank were declared bankrupt and bankruptcy proceedings were initiated