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

Credit portfolio of banking sector has grown - Report

As of April 30, 2023, the banks' loan portfolio amounted to AZN 20.379 bn.

Central Bank currency rates for 24 May

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

Deposit Insurance Fund appointed liquidator of Günay Bank

Rate of bank cards increased for April

Population’s deposits observed growth of AZN 247.2 million in April

The Central Bank has released new data on deposits of the population.

Demand at currency auction increased by 76.6%

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

Net profit of Azerbaijan's banking sector grew by 39%

Banks with non-interest expenses of over AZN 20 million

Of the 25 banks operating in Azerbaijan, non-interest expenses of five banks in the first quarter of this year exceeded AZN 20 million.

Banks with growing non-interest expenses

Non-interest expenses of two banks out of the 25 banks operating in Azerbaijan in the 1st quarter of this year were low compared with Jan-Mar 2022.

Central Bank currency rates for 23 May

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.

New appointment at AFB Bank

Abil Mammadov, 85% shareholder and chairman of the Supervisory Board of investment company AzFinance, has received a new position.

Central Bank to cooperate with SWIFT on this issue