Iranian money steadily get cheaper - $1 is equal to 800,000 rials

At Central Bank's currency auction, demand decreased by 5%

According to the results of the currency auction, the weighted average exchange rate was 1.7000 AZN/USD.

Credit investments launched in Eastern Zangezur Economic Region

For the first time, credit investments have been launched in the Eastern Zangezur Economic Region.

Attraction of deposits from Eastern Zangezur starts

In 11 months, interests and related expenses of banks exceed 1 bn manats

Over Jan-Nov 2024, interests and related expenses of banks in Azerbaijan exceeded 1 billion manats.

Central Bank currency rates for 26 December

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

In 11 months, foreigners carried out transactions in Azerbaijan for $1.47 billion

Fixed-term deposits of individuals increased last month

Term deposits of individuals grew by 0.7% or 56.6 million manats in November.

65.2% of retail deposits are in national currency

The structure of banks' liabilities is traditionally dominated by the deposit portfolio – 80.6% of the total liabilities, or 35.19 billion manats.

State of loan portfolio in banking sector last year revealed

Number of employees in banking sector grew by 153 this year

As of November 30, 2024, 22 banks had 483 branches, 88 branches and 3,200 ATMs.

Meme coins named the main trend among traders in 2024

The most popular narrative among crypto investors in 2024 turned out to be meme coins, which captured a total of more than 30% of the total interest.

Central Bank currency rates for 25 December

Azerbaijani manat rate has declined to the euro, to the Turkish lira and to the Rusian ruble, while is stable to the US dollar.

SOFAZ funds management revenues exceeded $15 billion

Banks increased demand at currency auction

Following the currency auction, the weighted average exchange rate was 1.7000 AZN/USD.

Central Bank currency rates for 24 December

Azerbaijani manat rate has grown to the euro and to the Turkish lira, fallen to the Rusian ruble, while is stable to the US dollar.

Kapital Bank supports students with training on “Emotional Intelligence”

Sphere of non-cash payments expands in Azerbaijan

CBA updated coins with face value of 3 gapiks

Turkish economists: Discount rate reduction by 150 bp is possible

Turkish economists don’t rule out that CBA’s discount rate may be lowered in December for the first time in the last eight months.

Central Bank currency rates for 23 December

Azerbaijani manat rate has fallen to the euro and to the Rusian ruble, while is stable to the US dollar and to the Turkish lira.