A new bank to be created in Azerbaijan

Georgian credit organization TBC Kredit, operating in Azerbaijan, intends to become a bank

Central Bank discussed matter of optimization of consumer lending

A meeting of the heads of the Azerbaijan Banks Association and leading commercial banks was conducted at the Central Bank on 4 March

Gold falls almost by $3

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

Business loans to be increased

A meeting of the heads of the Azerbaijan Banks Association and leading commercial banks has been held at the Central Bank on 4 March

Central Bank announced exchange rate for 5 March

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

Popular cryptocurrency falls in price

Prices for e-money on the market have been announced

VTB Azerbaijan`s rep: New deposit insurance rules to be announced

The new rules for bank deposit insurance in Azerbaijan have been published

EBRD to finance infrastructure projects in Ganja – Agreement reached

The EBRD is likely to finance infrastructure projects in Ganja

Yevgeny Kirin: Banking sector observes shortage of quality clients

Quality clients and projects for the banking sector make up a minority

Bank VTB Azerbaijan unveils amount to recoup bad loans

VTB Azerbaijan was able to recoup problem loans in the amount of AZN 20 million in 2019

Central Bank raised AZN 100 million in a deposit auction for 28 days

The Central Bank of Azerbaijan raised AZN 100 million in a deposit auction

Yevgeny Kirin: Demand deposits grew by 6%

The sound loan portfolio of individuals at Bank VTB Azerbaijan observed a rise of 1.8% for the past year

VTB Azerbaijan`s chair: Coronavirus did not affect our activity - Bank Chairman

The Coronavirus infection has not had any impact on our activity, and our work is being carried out as usual

VTB Azerbaijan has published a report - last year ended with profit

We`ve prepared an action plan for the next three years

Gold drops, while silver rises in price

Prices for gold and silver on world exchanges have been declared

Central Bank announced exchange rate for 4 March

The Azerbaijani manat has declined to the euro and the Russian ruble, while is stable to the US dollar

President orders on new appointment at State Oil Fund

Rovshan Javadov has been appointed Deputy Executive Director of the State Oil Fund of Azerbaijan

Central Bank’s reserves grew by AZN 243 million

In the first month of 2020 Azerbaijan’s budget not only did not have deficit, but even observed a formed surplus of AZN 400 million

Vusal Gasimli: No grounds for concern about manat exchange rate

Azerbaijan has established immunity even against the threshold below $30 per barrel

Finance Minister Samir Sharifov discussed cooperation with WB representative in Washington

Finance Minister Samir Sharifov paid a visit to Washington

IMF ready to provide necessary support to reforms in Azerbaijan

Finance Minister Samir Sharifov held in Washington discussions on reforms implemented in Azerbaijan by the World Bank and the International Monetary Fund