Banks with increased income tax payments

Out of the 26 banks operating in Azerbaijan, 10 banks paid income tax for Jan-Mar 2023, and in six banks this figure was higher against Jan-Mar 2022.

List of main Russian gold buyer countries

The UAE, Türkiye and China have been named as key buyers of Russian gold after Western sanctions were imposed

Banks paying income tax ahead of schedule

Out of the 25 banks operating in Azerbaijan, 10 banks did not wait for the end of the year to pay income tax.

VTB Bank (Azerbaijan) OJSC announces a tender

VTB Bank (Azerbaijan) OJSC  announces a tender

Iranian bank’s interest income amounted to AZN 798,000 and interest expenses only AZN 19,000 - The foreign bank published a report

The Baku branch of the National Bank of Iran has announced the results of Q1 of 2023.

Restoration of violated investors' rights discussed in Azerbaijan

Central Bank currency rates for 26 May

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

Central Bank of Türkiye made a decision on interest rate - has discount rate changed or remained stable?

The Central Bank of Türkiye had to make a decision on the discount interest rate.

EU confirms freezing of Russian central bank’s assets for €200 bn

TCF published an incomplete report — Profit fell 3-fold

TCF BOKT LLC has published financial indicators for 2022.

Demand at currency auction grew by 5.6%

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

Lottery games may be involved in non-cash turnover in Azerbaijan

In Azerbaijan, the attraction of lotteries and sports betting into non-cash circulation is on agenda.

Five banks’ transfers for special reserves increased in Azerbaijan

Out of the 25 banks operating in Azerbaijan, five banks allocated more to special reserves in the 1st quarter of 2023 than for Q1 of 2022.

This country’s central bank has also kept stable interest rate

The Central Bank of Korea kept the interest rate at 3.50% for the third year in a row.

Central Bank currency rates for 25 May

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

Azerbaijan records growth of bank customers by 750,000

Compared with the end of last April, an increase in the number of bank customers was recorded in Azerbaijan, ABC.AZ reports, referring to the Central Bank.

Banks with growing operating profit this year

The operating profit of 17 out of the 25 banks operating in Azerbaijan in the 1st quarter of this year was higher versus Q1 of 2022.

Number of ATMs in Azerbaijan exceeds 3,000

Banks whose operating profit exceeds AZN 15 million

The operating profit of five of the 25 banks operating in Azerbaijan exceeded AZN 15 million in the 1st quarter of this year.

RBNZ raises key interest rate