Taleh Kazimov appoints new department chief

A new director of the Cash Department of the Central Bank of Azerbaijan has been appointed.

9 bank branches closed in Azerbaijan

Twenty-four banks had 486 branches, 86 subsidiaries and 3,015 ATMs as of July 31, 2023, according to ABC.AZ which cites the report of the Central Bank.

Manat rate for August 22

The manat dropped to the euro, rose to the Russian ruble, and is stable to the US dollar and the Turkish lira.

Deka Bank's real estate to be leased out

Number of employees in banking sector up 7.3%

For 7 months of this year, 24 banks had 486 branches, 86 branches and 3,015 ATMs,

Azerbaijan posts 25% decline in troubled loans

Dollarization of deposits declines

Share of term deposits reaches 53%

Term deposits made 53.5% of the portfolio of individual deposits (AZN 6.645.6 million).

Azerbaijan posts 8% growth in assets of banking sector

Banks receive AZN 655.3 million of net profit

In January-July 2023, banks received AZN 655.3 million of net profit and AZN 931.4 million of operating profit.

External liabilities of banks increase

External liabilities of the banking sector as of the beginning of the year increased by AZN 569.3 million, to AZN 2,331.2 million.

Azerbaijan posts increase in number of ATMs and POS-terminals

This year has been marked by a dynamic growth of banks and payment service networks of Azerpost LLC.

Non-cash payments within Azerbaijan make AZN 4.556 billion

The growth in the number of payment cards had a positive impact on the volume of non-cash payments.

Azerbaijan posts increase in number of payment cards

“150 AZN per month for every 5000 AZN loan” campaign continues

Banks with decreased operating profit – List

Banks that report increase in their operating profit in six months

Banks with operating profit over AZN 30 million

Of the 24 banks operating in Azerbaijan, one had no operating profit in the first half of this year.

Manat rate for August 21

Manat dropped to the euro, rose to the Turkish lira, and is stable to the US dollar and the Russian rouble.

Securities receiving state registration revealed

Manat exchange rate on August 18