Now it will be possible to get information about deceased's bank account

The Cabinet Ministers has amended the Regulation on the E-Notary Information System approved by the decision from October 12, 2001.

Exclusive first loan opportunity from Kapital Bank

Banks’ demand at currency auction fell by 24%

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

AccessBank has migrated to the Azericard processing center

Hesab.az payment system shareholders to increase authorized capital

Goldenpay OJSC, or GoldenPay, the owner of payment system Hesab.az in Azerbaijan, has announced the holding of a shareholders' meeting on March 29.

Number of POS-terminals in Azerbaijan grew by 11.1%

There is dynamic growth in the payment service networks of banks and Azerpocht LLC.

Central Bank currency rates for 29 February

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

Rate of banks rendering mobile banking services in Azerbaijan

As of January 1, 2024, 20 out of 23 banks in Azerbaijan rendered mobile banking services (1 service less than in 2022), ABC.AZ reports with reference to CBA’s annual Review of Digital Payments.

Banks paid 62 million manats of deposit interests to population last month

In January 2024, Azerbaijani banks paid interests on attracted deposits in the amount of 62.1 million manats.

Foreigners spent 188 million manats from bank cards in Azerbaijan for January

Foreigners who arrived in Azerbaijan spent 188 million manats on bank cards in January 2024

Birbank presents exclusive campaign for “Od çərşənbəsi”

Republican Subject Olympiads is held with the support of Kapital Bank

Restrictions may apply to virtual asset service providers

Azerbaijan may impose restrictions on activity of virtual asset service providers (cryptocurrency exchanges, cryptocurrency wallets, etc.) that do not comply with or evade the requirements of the law.

Manat gains strength as a deposit

In Azerbaijan, the manat enhances investment attractiveness as a deposit.

Interests received by banks on loans in January made public

The revenues of Azerbaijani banks from loans in January 2024 have been published.

Central Bank currency rates for 28 February

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

Banks’ loan portfolio for January presented

In January, the banks' loan portfolio increased by 1.7%, or by 383.4 million manats, up to 23.566.4 million manats.

Rate of payment cards in circulation grew by 316,000

The number of payment cards in the systems of banks and Azerpocht LLC at the end of January amounted to 17.2 million cards.

Did banks' external liabilities decrease in January?

As of the beginning of the year, the external liabilities of the banking sector in Azerbaijan declined by 102 million manats in January, but were higher compared with 2023.

Banks received 99.6 million manats of net profit in January

Azerbaijan has reported on number of bank employees

As of January 31, 2024, 23 banks numbered 475 branches, 104 sub-branches and 3,044 cash machines.