Bank Melli Iran in Baku ‘comes to its senses’ - profit increased

The Baku branch of Bank Melli Iran completed 9 months (Jan-Sept) of 2022 with net profit of AZN 1.357 million.

Kapital Bank takes part in Sibos 2022

Central Bank currency rates for 10 October

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

Central Bank currency rates for 7 October

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

Banks again reduce 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

Foreign exchange reserves in world decreased by $1 trillion

Global foreign exchange reserves have shrunk by $1 trillion this year, the highest since Bloomberg began counting data in 2003.

Central Bank currency rates for 6 October

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

Turkey to offer payment system Troy to Russians

As an alternative, instead of Russian payment system Mir, its Turkish analogue Troy can be offered.

Central Bank currency rates for 5 October

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.

List of countries that legalized cryptocurrency purchase and sale

Kazakhstan has become the fourth country in the post-Soviet space to officially legalize the purchase and sale of cryptocurrencies.

Monetary base in Azerbaijan has decreased much

As of 1 October 2022, the monetary base in Azerbaijan amounted to AZN 16.1 bn.

SOFAZ cut currency sales by 10.4% over Jan-Sept

The State Oil Fund of Azerbaijan auctioned currencies for totally $465.3 million for September.

Forecast: UK’s currency may fall by 10%

The pound sterling rose in price again last week amid news that the British government had abandoned a tax cut plan.

When will concept of ‘digital manat’ be ready?

IMF rep: Recession may await some countries next year

Demand at currency auction decreased by 35%

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

NBCO Nas Project increases much authorized capital

Non-bank credit organization Nas Project OJSC plans to increase its authorized capital by AZN 1 million, or 4.3-fold, to AZN 1.3 million.

Swiss Credit Suisse faces a problem

Switzerland&#39;s second largest bank Credit Suisse has encountered a problem.</p>

Central Bank currency rates for 4 October

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

AccessBank participated at WEPs seminar - Photo

ASB Supervisory Board chairman replaced

Ahmed Gezal has been appointed the new chairman to the Supervisory Board of Azerbaijan Industrial Bank OJSC (ASB).