Turkish bank gets a loan of €100 million from Bank of Germany

A Turkish bank has received a loan of €100 million from Germany’s Development Bank.

U.S. investment bank Goldman Sachs fined

Well-known American investment bank Goldman Sachs has been fined.

Business loans softened in Azerbaijan

There has been a softening of the terms of business loans in Azerbaijan.

Banks halved demand at currency auction

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

Kapital Bank paid back the loans of 49 customers

Central Bank currency rates for 6 April

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

Nakhchivanbank has not paid interest to its depositors for 3 years

A unique event has been registered in the banking sector of Azerbaijan.

VTB (Azerbaijan) supported the concert in honor of the anniversary of Sergey Rachmaninoff

One of Canada's largest banks may go bankrupt

During the banking crisis that shook Silicon Valley Bank and then spread to Switzerland, all attention is focused on Canada.

Marathon Digital has increased bitcoin mining

Mining company Marathon Digital, which ranks second on the planet in terms of the volume of stored bitcoins, has set a record for the production of this cryptocurrency.

Gold rose in price by $190

Gold prices in the United States rose by almost 2% after the published data, exceeding $2,000.

SOFAZ increased sale of foreign currency in March

The State Oil Fund has published information on the sale of the currency in March 2023.

Central Bank currency rates for 5 April

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

Monetary base in Azerbaijan has grown by 23% this year

ExpressBank breaks rules – Economy Ministry issued a warning

The State Service for Antimonopoly Control & Consumer Market Supervision (under the Ministry of Economy) has reported on the violations in the advertising of banking services in Azerbaijan.

Real estate owned by Gəncə Bank put up for auction

An open auction for the sale of real estate of Gəncə Bank, which is in the process of liquidation, will be held at Baku Auction Center LLC on 27 April.

Banks’ demand at currency auction decreased by 7.8%

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

ADB improves economic growth forecast for Azerbaijan

The ADB expects Azerbaijan's GDP to be 3.5% higher this year than in 2022.

Central Bank currency rates for 4 April

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

New chairman of ABA

The new chairman of the ABA Human Resource Management Expert Group has been approved.

Birbank cardholders earned AZN 5.4 million cashback in March