CBA currency rates for August 17

Amount of overdue loans down 27.7%

Central Bank’s shares for AZN 228.6 million registered

Demand at foreign exchange auction amounts to $41.4 million

Banks with declining operating income

Banks with operating income over AZN 70 million

CBA currency rates for August 16

State budget surplus exceeds AZN 1.2B this year

Public expenditure grows

Budget revenues from privatization of state property drop

Banks with increased authorized capital

Banks with authorized capital over AZN 300 million

Azerbaijan State Advertising Agency posts decline in profit

Kapital Bank awarded the winner of the “Brain Ring” competition

CBA currency rates for August 15 ​

Minimum limits of cost of audit services to be changed

The Chamber of Auditors held a round table on the minimum thresholds for the cost of audit services in the country

New appointment at Central Bank of Azerbaijan

The new director of the Financial Management Department of the Central Bank of Azerbaijan has been appointed

List of banks with deposit portfolio of over AZN 1 bn

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

Currency exchange rates for 10 August

On 10 August, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7365, the manat-lira rate AZN 0.0949 and the manat-ruble rate - AZN 0.0278.

Moody's named factors to support quality of Azerbaijani banks’ assets

Azeri banks will benefit from an improving operating environment which is underpinned by stronger economic activity and a stable currency, thanks to high oil prices that are providing sufficient volumes of foreign currency inflows,

Banks increased demand at currency auction by 20%

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