Kapital Bank takes first place in “Mobile Banking Ranks Azerbaijan 2024” list of “Markswebb”

Awards were presented to the winners of the Republican Subject Olympiads held with the support of Kapital Bank.

Azerbaijani banks increased demand at currency auction

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Central Bank currency rates for 9 July

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

Data unveiled on number of branches of the country's banks for past month

As of June 1, 2024, there were 483 branches, 97 sub-branches and 3,061 ATM machines in 23 banks.

Good news for tech-hunter: with the support of Kapital Bank, the “iFest-Innovation and Technology” festival is set to take place

President endorses changes in SOFAZ budget 2024

President Ilham Aliyev has approved amendments to the presidential decree from December 27, 2023 on the budget of the State Oil Fund of Azerbaijan (SOFAZ) for 2024.

Net profit of Azerbaijani banks increased by 27.5% during the year

As of June 1, 2024, the net profit of Azerbaijani banks amounted to 519.7 million manats.

Central Bank currency rates for 8 July

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

In May, banks' net domestic assets grew by 5.6%

As of June 1, 2024, the net foreign assets of Azerbaijani banks amounted to 24.573 bn manats.

Central Bank currency rates for 5 July

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

CBA made a decision on PashaPay

The Central Bank of Azerbaijan (CBA) has granted a license to the company of the payment system PashaPay LLC, known in the market under brands MilliÖN and m10.

“My Technology” competition successfully completed with the support of Kapital Bank

Banks reduced demand by 16.8% at currency auction

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Central Banks of Azerbaijan and Uzbekistan sign Memorandum of Understanding

The central banks of Azerbaijan and Uzbekistan have signed the Memorandum of Understanding.

Central Bank currency rates for 4 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.

Central Bank to reduce discount rate to 6.5% this year - Forecast

The International Corporation of Banking & Financial Services of the Netherlands ING (Internationale Nederlanden Groep) predicts a reduction in the discount rate in Azerbaijan in 2024-2025.

AccessBank Strengthens Support for Women's Entrepreneurship in Azerbaijan Photo

Central Bank currency rates for 3 July

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

Azerbaijani president approves execution of State Budget 2023

President of Azerbaijan Ilham Aliyev has approved the Law on the Execution of the State Budget of the Republic of Azerbaijan for 2023.

Banks reduced demand at foreign exchange auction by 22.3%

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.