VTB (Azerbaijan) supported the «Qalaalti trail» running competition

Central Bank currency rates for 21 November

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

Banks with increased authorized capital

Banks with authorized capital of over AZN 300 million

Five out of the 26 banks operating in Azerbaijan had authorized capital of more than AZN 300 million as of 1 October 2022.

Forecast: US dollar to rise in price

Central Bank currency rates for 18 November

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

Banks with balance sheet capital of over AZN 400 million

Banks whose balance sheet capital has decreased in current year

NovemThe balance sheet capital of five out of 26 banks operating in Azerbaijan, as of 1 October 2022, was less than the annual one.

AccessBank has successfully completed the next capital increase

Banks reduce demand at currency auction by 44%

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

S&P expects growth of profitability of banks in Azerbaijan

VTB (Azerbaijan) has updated its Internet bank

Central Bank currency rates for 17 November

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

Will a new mechanism be developed regarding State Budget subsidies?

Accounts Chamber’s chairman: State Budget to allocate subsidies for AZN 1.7 bn next year

According to the budget documents submitted in Azerbaijan, a subsidy of AZN 1.7 bn will be allocated from the State Budget next year.

Consolidated budget revenues in 2023 are projected at AZN 32.939 bn

The State Budget for 2023 was discussed in parliament, Prime Minister Ali Asadov also took part in the meeting.

Budget revenues next year are projected at AZN 30.7 bn - Discussion at Milli Majlis

The Azerbaijani parliamentarians are discussing the State Budget for 2023.

Central Bank currency rates for 16 November

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

Banks increased demand at currency auction 3.34-fold

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

Baker Tilly Audit Azerbaijan wins Entrepreneurship Fund's tender

The Entrepreneurship Development Fund has published the results of tender procedure "Procurement of external audit services of financial statements for 2022".

Banks with deposit portfolio of more than AZN 1 bn

The deposit portfolio of four out of the 26 banks operating in Azerbaijan exceeded AZN 1 bn as of 1 October 2022.