Banks with reduced business loans for past half-year

In the 1st half of 2022, the volume of business loans increased in 17 of the country's 26 banks and decreased in 9 banks.

Banks that increased business loans for Jan-Jun

The list of banks that increased business loans in Azerbaijan following the 1st half of 2022 has been published.

Reserve Bank of India increases key policy repo rate

The Reserve Bank of India's key policy repo rate was raised by 50 basis points on Friday, the third increase in as many months to cool stubbornly high inflation.

Banks with reduced loan portfolio

The loan portfolio of 3 out of the 26 banks operating in Azerbaijan as of 1 July 2022 less than the annual one.

SOFAZ extended this year term of deposit in Central Bank of Turkey

Banks with loan portfolio of over AZN 1 bn

Currency exchange rates for 5 August

On 5 August, the manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7397, the manat-lira rate AZN 0.0948 and the manat-ruble rate - AZN 0.0281.

PASHA Holding's financial organizations earned AZN 315 million a year

Bank of England raised discount rate to 1.75%

The Bank of England has raised the discount rate again.

Banks 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.

Brazil's Central Bank raises interest rate

Brazil has raised interest rates to the highest level in 5 years.

Mobile banking services increased by 65%

Currency exchange rates for 4 August

The manat-dollar rate is AZN 1.70, the manat-euro rate - AZN 1.7280, the manat-lira rate AZN 0.0947 and the manat-ruble rate - AZN 0.0278.

Data unveiled on transfers from population’s current accounts

The total number of transfers from the current accounts of the bank's customers for past half of this year amounted to 111.7 million transfers, and the volume – AZN 151.1 bn.

Data unveiled on operations through national payment system

The total volume of transactions conducted through the National Payment System (AZIPS, XOHKS) amounted to AZN 128.2 bn, and their number is 38.8 million.

Number of payments via system of instant payments reached 133,000

Societe Generale suffers loss of 3.3 bn euro

France’s Societe Generale SA recorded net loss in the 2nd quarter of 2022.

New rules of banking sector approved

Quantity of payment cards in circulation has increased

Volume of card transactions has increased

Transactions through Government Payment Portal grew by 18%

The expansion of the capabilities of the Government Payment Portal, created for the centralized collection of payments for budget payments and mass services, has continued.