State Budget surplus for June

The surplus of the State Budget of Azerbaijan has increased up to 2.79 billion manats over the past month.

Bitcoin has risen above $60,000

After the assassination attempt on Donald Trump during a campaign event in Pennsylvania on July 13, the price of bitcoin rose sharply.

Central Bank currency rates for 15 July

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

Kapital Bank announces financial results for second quarter 2024

AccessBank Announces Financial Results for the First Half of 2024

Financial flow reportedly grew by 19% for Q2

In the 2nd quarter of 2024, the financial flow in Azerbaijan reached 26.5 billion manats (18.8% more against Q2 of 2023).

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Total reserves of Central Bank of Türkiye increased by $5.538 million

The Central Bank of the Republic of Türkiye has published weekly monetary and banking statistics.

Bank Respublika supported the EcoVeloFest festival as part of the “Year of Solidarity for a Green World” Photo

In 2023, CBA conducted inspections in 7 banks

Last year, the Central Bank of Azerbaijan (CBA) conducted inspections in 7 banks and 4 insurance companies.

Central Bank currency rates for 12 July

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

Giving of cheap loans for logistics suggested in Azerbaijan

Strategic industries should be supported in Azerbaijan by giving cheap loans.

Cash supply grew by 18%

In 2023, the Central Bank of Azerbaijan (CBA) withdrew banknotes in the amount of 5.47 billion manats (495.5 million banknotes) from circulation, and in return issued banknotes in the amount of 8.07 billion manats (568.3 million banknotes).

Moody’s and S&P affirmed Kapital Bank’s Ratings and Positive Outlook

Banks’ demand at foreign exchange auction fell by 59%

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

Azerbaijan's gold reserves grew 4-fold

Central Bank currency rates for 11 July

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

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Central Bank currency rates for 10 July

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

Kapital Bank finalized the placement of subordinated dollar bonds

Reducing the dependence of Azerbaijani economy on US dollar has diminshed vulnerability to external risks

Reducing the dependence of the Azerbaijani economy on the US dollar has lowered the exposure of foreign exchange markets to significant volatility, which in turn has reduced the vulnerability of loans to external risks.