Central Bank: We’ll consider application of a bank that wants to open a branch in Nakhchivan

Largest U.S. bank may reduce the number of employees

WB to start preparing Partnership Strategy with Azerbaijan

12 banks in Azerbaijan paid profit tax ahead of schedule

Manat exchange rate for 7 December

MasterCard wants to expand cooperation with Central Bank of Azerbaijan

Bank of Australia raises interest rate

Manat exchange rate for 6 December 

Four banks directed over AZN 10 million for special reserves 

Seven banks’ transfers to special reserves increased 

VTB (Azerbaijan) became the main sponsor of the V1 Challenge Baku Cup

Procedure for foreign currency buying and selling between Central Bank and banks changes

Manat exchange rate for today 

Kyrgyzstan experiences dollar deficit

Kapital Bank increases its authorized capital

Kapital Bank plans to increase the authorized capital by AZN 20 million, or 8.1%, from AZN 245.85 million to AZN 265.85 million.

Kyrgyz banks stop working with Mir cards due to sanctions

Several Kyrgyz banks that stopped servicing Russian Mir payment cards took such measures for fear of falling under sanctions from US financial organizations.

Only a few days left before the Innovation Summit

Bank Respublika and Entrepreneurship Development Fund implemented joint project for female entrepreneurs

Central Bank currency rates for 2 December

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

IMF predicts an increase in number of poor in Caucasus and Central Asia by 1 million

The war in Ukraine may increase the level of poverty in the Caucasus and Central Asia by 1 percentage point due to its impact on inflation and remittances.

Banks increase demand by 27% 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.