Banks paid almost 480 million manats of interests on deposits for Jan-Oct

The banks in Azerbaijan paid interests on attracted deposits in the amount of 479.9 million mantas for Jan-Oct 2023.

Transactions through ATMs grew by 12.4% for October

Growth of transactions through ATMs has been recorded in Azerbaijan.

Azerbaijan observes growth on debit card transactions

Our country has recorded an increase on debit card transactions.

Central Bank currency rates for 27 November

The Central Bank of Azerbaijan has announced the exchange rate of the manat to foreign currencies for 27 November.

Banks’ loan portfolio on small businesses declined

As of November 1, 2023, the loan portfolio of Azerbaijani banks on small businesses amounted to 1.68 billion manats.

Loan portfolio of banks by microenterprise entities has increased

Portfolio of business loans of Azerbaijani banks increased by 12.2%

Portfolio of micro-loans of banks in Azerbaijan exceeds 2 billion manats

As of November 1, the portfolio of micro-loans of banks in Azerbaijan has grown up to 2.528 billion manats.

National Bank of Kazakhstan cuts base rate

The base rate in Kazakhstan has been reduced to 15.75%

Central Bank currency rates for 24 November

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

Quantity of bank branches lessens in Azerbaijan

The monthly and annual reduction in the number of bank branches has been recorded in Azerbaijan.

Turkish central bank raised discount rate to 40%

The Central Bank of Türkiye has raised the discount rate from 35% to 40%, ABC.AZ reports with reference to the regulator.

Number of ATMs in banks drops — decline by 29 cash machines for month

The number of banks’ ATMs in Azerbaijan fell almost by 30 in October 2023.

Azerbaijan observes 2.2-fold growth on non-cash transactions

According to CBA statement, the number of payment cards in circulation through the systems of banks and Azerpocht LLC increased by 271,000 cards in October.

In October, volume of problem loans declined by 15.3%

As of November 1, 2023, the volume of overdue loans in Azerbaijan amounted to AZN 440.4 million (15.3% less than a month earlier), ABC.AZ reports with reference to the CBA.

Azerbaijan numbers 16.2 million bank cards

Azerbaijani banking sector's assets exceed 46 bn mantas

In October, number of employees in banking sector fell by 238 people

As of October 31, 2023, 23 banks in Azerbaijan have a network of 471 branches and 86 sub-branches.

Operating profit of banking sector amounted to AZN 1.369 billion in 10 months

Banks lower demand at currency auction by 21.2%

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 23 November

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