Rabitabank directs AZN 2.8 million for reserves on possible losses

Rabitabank has published a report on the completion of the Jan-Sept period of 2022 with net profit of AZN 12.676 million.

Rabitabank’s profit reached AZN 12 million for Jan-Sept

Rabitabank completed the Jan-Sept period of 2022 with net profit of AZN 12.676 million, ABC.AZ informs with reference to Bank's financial report for the past 9 months.

Central Bank currency rates for 24 October

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

ABB deposit portfolio grew more than by AZN 1.4 bn for past 9 months

Baku branch of National Bank of Pakistan met its obligations on all deposits

ABB reports about overall assets of AZN 12.4 bn

Compared with the end of 2021, the total amount of ABB overall assets for the past 9 months of this year increased by AZN 948.608 million up to AZN 12.4 bn.

ABB interest income increased by AZN 79.1 million

ABB (International Bank of Azerbaijan) has published financial indicators for the past 9 months of 2022 (Jan-Sept).

ABB received net profit of AZN 209.9 million for Jan-Sept

Kapital Bank’s authorized capital to be increased

Kapital Bank’s shareholders held an extraordinary general meeting will hold on 17 November 2022.

State Budget received over AZN 10 bn from tax authorities

The State Budget received AZN 10.45 bn from the tax authorities of Azerbaijan for Jan-Sept 2022.

Central Bank currency rates for 21 October

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

Central Bank signs a memo with CBIRC

The Central Bank of Azerbaijan and the Banking & Insurance Regulatory Commission of China signed the Memorandum of Intentions on cooperation

Some Kyrgyz banks suspend service of Russia’s card Mir

October 20, Fineko/abc.az. Four Kyrgyz banks have temporarily suspended operations with Russian cards Mir.

Azerbaijan AccessBank eyes creating new lending line for SMEs, individuals

Banks increased demand at currency auction by 81.6%

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

Central Bank currency rates for 20 October

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

Kapital Bank has released financial results for the third quarter of 2022

CBA warns population

Central Bank currency rates for 19 October

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

Banks lower demand by 32.3% 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.

At what level is concentration in banking system of Azerbaijan?

The level of total concentration of one or several banks in the banking system of Azerbaijan is on the border of low and medium concentration.