Banks increase demand by 15% 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

Central Bank currency rates for 1 September

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

ATB increases number of employees

The number of employees of Azer Turk Bank was 454 people as of 07.01.2022

CBA corrects indicators on foreign exchange reserves

The Central Bank of Azerbaijan (CBA) has corrected indicators on foreign exchange reserves for January-April 2022.

New appointment at Muğanbank

A new appointment has taken place in Muğanbank.

Banks reduce demand at foreign exchange auction by 3.3%

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

CBA exchange rates for August 30

Azerbaijani manat dropped against the euro, rose against the Turkish lira and the Russian ruble, and is stable against the US dollar.

Net profit of Agricultural Bank of China up 5%

CBA exchange rates for August 29

Azerbaijani manat rose against the euro, dropped against the Turkish lira and is stable against the Russian ruble, and the US dollar.

Leasing companies may reduce interest in Azerbaijan

Leasing companies operating in Azerbaijan can reduce interest.

CBA exchange rates for August 26

Euro exchange rate is AZN 1.6936, the Turkish lira exchange rate is AZN 0.0935, the Russian ruble exchange rate is AZN 0.0281

Banks with largest number of issued concessional loans - List

The list of authorized credit institutions that provided the largest number of soft loans in January-July 2022 has been published.

Banks increase demand at foreign exchange auction by 35%

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

SOFAZ net profit down 3.45 times

The State Oil Fund completed 2021 with a net profit of 1,556,203,000 manats

South Korea's central bank raises interest rates

South Korea's central bank raised its benchmark interest rate by 25 basis points to 2.5%

CBA exchange rates for August 25

As of August 25, the US dollar exchange rate is AZN 1.70, the euro exchange rate is AZN 1.7001, the Turkish lira exchange rate is AZN 0.0936, the Russian ruble exchange rate is AZN 0.0282 (AZN 0.0284 on August 24).

Baku accounts for most loans issued by banks

The total volume of the loan portfolio as of August 1, 2022 amounted to 18,487 million manats.

  Bank Respublika and FMO sign a USD 20 mln loan agreement to support the MSME sector in Azerbaijan

Birbank Visa cardholders to earn additional cashback for payments via Google Pay

CBA exchange rates on August 24

Azerbaijani manat dropped against the euro and the Turkish lira, increased against the Russian ruble, and is stable against the US dollar.

Mastercard celebrates launch of Googlepay in Azerbaijan

Mastercard has been leading the processes of payments digitalization in Azerbaijan, making digital transformation part of the day-to-day life.