Banks in Azerbaijan increase 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.

Access2Success: trainings for female entrepreneurs

Exchange rate of Azerbaijani manat for 19 May

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

Sberbank leaves London Stock Exchange

Russia's largest bank Sberbank plans to withdraw from the London Stock Exchange.

Newly appointed Branch Manager at AccessBank

Azerbaijani population’s incomes grew by 20%

Salaries in Central Bank decreased

Dollar may become more expensive than euro

Exchange rate of Azerbaijani manat for 18 May

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.

Central Bank spent over AZN 1 million on insurance services

Surplus forms in Azerbaijan’s state budget

The State Budget revenues amounted to AZN 10.687 bn and expenditures AZN 8.168 bn for Jan-Apr 2022.

Agent banking in Gabala

Banks’ demand decreased at currency auction

The Central Bank of Azerbaijan has held a currency auction with the participation of the State Oil Fund.

Agency Banking Project in one more region

The Agency Banking Project implemented in Azerbaijan for the first time has been presented to the population in another region – the city of Gabala.

Central Bank has issued a license for currency exchange activities

The Central Bank has issued a license for currency exchange activity to one more company.

Central Bank’s assets observed growth for 2021

Central Bank's net loss for 2021 was caused by decrease in interest income, net loss from the revaluation of securities, external loss from the sale of securities and net loss from the revaluation of foreign exchange positions

Central Bank’s loss for 1 year reaches AZN 162.746 million

Data on Central Bank’s finances transferred to State Budget last year made public

Exchange rate of Azerbaijani manat for 17 May

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

Money transfers from Azerbaijan to Georgia decreased

Over Jan-April 2022, $19 million was transferred from Azerbaijan to Georgia (31.4% less versus Jan-Apr 2021).

Sanctions against Russia to lead to crisis of money transfers on CIS area