Central Bank currency rates for 2 July

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

Sony prepares to launch a crypto exchange in Japan

Japanese diversified conglomerate Sony is preparing to launch a subsidiary cryptocurrency exchange, updating the local trading platform WhaleFin, which it acquired last year.

CBA's foreign exchange reserves increased by 27.6%

Trading Economics сделал прогноз по ЦБА

International economic statistics portal Trading Economics forecasted that the Central Bank of Azerbaijan (CBA) will further reduce the interest rate .

AccessBank Opens Renovated "20 January" Branch with a New Concept Photo

Tax payments on banks' profits grew by 1.3 million manats per month

As of June 1, 2024, income tax payments by Azerbaijani banks amounted to 107.4 million manats.

Interests on deposits in banks increased

While the volume of term deposits in Azerbaijan has updated its historical maximum, the indicator of their value for banks has also increased. In the whole country, there is an increase in interest rates.

Central Bank currency rates for 1 July

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

Kapital Bank completed placement of the second tranche of manat bonds

AccessBank LLC launched its bonds on the Baku Stock Exchange

Depository Center connected to e-document management system

The National Depository Center (NDC) is integrated into the centralized E-Document Management System with technical support of the ASAN Innovation Center as part of transition to paperless government.

CBA to spend over 1.5 million manats on cybersecurity

The Central Bank of Azerbaijan (CBA) has signed an agreement with SmartIT LLC.

Consumer loan portfolio of Azerbaijani banks has grown for Jan-May

The consumer loan portfolio of Azerbaijani banks as of June 1, 2024 amounted to 7.48 bn million manats.

Central Bank currency rates for 28 June

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

In 5 months, banks earned 1.2 bn manats from loan interests

As of June 1, 2024, the interest income of Azerbaijani banks on loans amounted to 1.245 bn manats.

“Local companies’ promotion exhibition” concluded with Kapital Bank’s partnership

Number of ATMs and POS-terminals has increased

Loan portfolio of banks grew by 2.1%

In May, the banks' loan portfolio increased by 2.1%, or 513.7 million manats, up to 25.158.2 million mantas, ABC.AZ informs with reference to Central Bank's report.

Non-cash transactions within the country has increased

This May, the volume of non-cash transactions within the country grew 1.6-fold versus May 2023

Banks’ demand at foreign exchange auction grew by 8%

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

Rate of payment cards in circulation has grown