CBA's currency reserves grew by 8.7%

The foreign exchange reserves of the Central Bank of Azerbaijan as of September 29, 2023 amount to $9.775 billion.

Russian banks cannot use SWIFT for transfers within country

Since October 1, 2023 banks cannot use SWIFT to transfer financial information when transferring money in Russia, they are now required to use only Russian services and domestic financial infrastructure.

Annual increase and monthly growth recorded on notifications on movable property entered in register

Azerbaijan has recorded an annual increase and a monthly decline in the number of notifications entered into the register of movable property.

Sum of financing allocated to banking sector of Azerbaijan made public

AZN 306.8 million were directed for the banking sector of Azerbaijan for Jan-Aug 2023.

Central Bank currency rates for 2 October

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

New Board of National Deposit Center approved

The new composition of the NDC Board has been approved by the decision of the Supervisory Board of the National Deposit Center (NDC) of the Republic of Azerbaijan, dated September 28, 2023.

VTB Bank (Azerbaijan) OJSC announces a open tender

Number of clients of individual banks in Azerbaijan increased by 7%

An increase in the number of bank customers who are individuals has been recorded in Azerbaijan.

Central Bank currency rates for 29 September

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

Irşad Bank Olmayan Kredit Təşkilatı LLC established

Irşad, the owner of the chain of electronics and household appliances stores in Azerbaijan, like other competitors, is entering the financial market.

Bank debts of killed in anti-terrorist operations to be written off

AccessBank signed another senior loan facility agreement with Enabling Qapital Ltd

Why has 5-gapik coin been updated?

Azerbaijan still has demand for metal coins of small denominations (1, 3 and 5 gapiks), and this year there is an increase in demand for them up to 6%.

Indians have just a few days to return billions in banknotes

The country's highest-value banknote will be withdrawn by the end of September - $3 billion worth of which is still in circulation.

Banks acquired $29.4 million at today’s currency auction

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

Capital of banking sector has increased

Foreigners’ bank card operations in Azerbaijan decreased much

Growth observed on Azerbaijani banking sector liabilities

Only a Few Days Left for the “Spend 200 AZN and Earn 30 AZN with Birbank Cards” Campaign to End

Central Bank currency rates for 28 September

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

Cause of growth of business loans in Azerbaijan

Business loans in Azerbaijan are increasing mainly due to micro and small businesses.