Personnel reshuffles at Central Bank

Rena Melikova, the director of the Legal Department of the Central Bank of Azerbaijan (CBA), has been transferred to the position of CBA general director

Internet banking transactions in Azerbaijan increased by 3.9%

In 11 months of 2023, 1,607 Internet banking transactions for 18.784 million manats were conducted in Azerbaijan.

Authorized capital of this NBCO grew by 10%

The authorized capital of non-bank credit organization Finans Invest LLC has been increased.

Central Bank currency rates for 7 January

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

“Onlar bizə əmanətdir” project for the children of martyrs continues

Azerbaijan to outline directions of expenditures on foreign aid

Nigerian naira is among Top 3 of worst currencies of year

Since the beginning of the year, the Nigerian naira has depreciated by 55%, and now 1,043 nairas are given for one dollar.

Azerbaijan reports decline on portfolio of state funds on business loans

The portfolio of state funds on business loans in Azerbaijan began to grow from November, although it decreased until October, but significantly lower than at the beginning of the year.

Central Bank currency rates for 30 December

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

Azerbaijan to create a single info system of currency transactions

The Board of the Central Bank of Azerbaijan has approved the Regulation on the Single Information System of Currency Transactions.

Amount of income tax paid by banks for 11 months unveiled

By December 1, 2023, Azerbaijani banks had paid 254.8 million manats of income tax

Under the sponsorship of Kapital Bank, an engineering and entrepreneurship conference was organized

State repays these entrepreneurs’ debts to the bank in Azerbaijan

The State has repaid overdue loan debt obligations of 41 entrepreneurs in Azerbaijan

Number of client accounts in Azerbaijani banks grew by 2%

In November 2023, the number of customer accounts increased by 2% up to 38,573,764.

Number of ATMs in Azerbaijan has increased

As of December 1, 2023, the number of ATMs in Azerbaijan reached 3,114 cash machines.

Central Bank currency rates for 29 December

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.

Banks to notify Central Bank in advance when opening exchange offices

Rate of manat circulation has decreased – Report

As of December 1, 2023, the circulation rate of the national currency of Azerbaijan, the manat, amounted to 3.52 points.

Banks’ demand at currency auction drops by 2.6%

Following today's auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

Azerbaijan cuts tax rate on dividend income to 5%

One of the important changes in the direction of reducing the tax burden on business and stimulating entrepreneurial activity is the reduction of the tax rate on dividends.

The final draw of Birbank's "10,001 Gifts" lottery has concluded: the owner of the apartment has been identified