Money transfers to Azerbaijan exceeded $1 bn in 2021

According to preliminary estimates, the money transfers to Azerbaijan amounted to $1.13 bn in 2021.

Manat has fallen in price against some currencies

In 2021, the exchange rate of the manat changed in different directions in relation to the currencies of the trading partner countries.

Banks to be involved in restoration of liberated territories

Bank managers are expected to visit Shusha in the 1st half of March.

Gold price has reached $1,900 at world markets

The price of gold accelerated its growth and exceeded the mark of $1,900 per ounce for the first time since June.

Exchange rate of Azerbaijani manat for 18 February

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

Information about bank accounts to be submitted to tax authority

One of the changes made to the Tax Code relates to the submission of information about bank accounts to the tax authority.

Banks increased demand at currency auction by 16.3%

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

Banks of Azerbaijan reports an increase of retail deposits

February 17, Fineko/abc.az. The amount of population’s deposits at banks grew by 13% in 2021

Exchange rate of Azerbaijani manat for 17 February

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 lowered interest income

Out of the 26 banks operating in Azerbaijan, seven ones had low initial interest income in 2021 compared with the previous year.

Banks with interest income over AZN 100 million

In 2021, the interest income of five out of the 26 banks operating in Azerbaijan exceeded AZN 100 million.

Exchange rate of Azerbaijani manat for 16 February

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

Banks 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

Central Bank halts benefits for banks

The Central Bank of Azerbaijan has already announced that there is no need to extend the rule introduced in 2020 in connection with the pandemic.

Exchange rate of Azerbaijani manat for 15 February

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

Elman Rustamov: We’ll have extra currency reserves

"High oil prices in the world markets are strong support for the exchange rate of manat."

Changes in Supervisory Board of Premium Bank

There have been personnel changes in the Premium Bank’s Supervisory Board.

Exchange rate of Azerbaijani manat for 14 February

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

Manat depreciates - probability of devaluation increases

According to official data, annual inflation in Azerbaijan in 2015 was 4%, in 2016 - 12.4%, in 2017 - 12.9%, in 2018 - 2.3%, in 2019 - 2.6%, in 2020 - 2.8%, in 2021 - 6.7%.

Central Bank puts into circulation a new 20-manat bill

Starting from today, on the eve of its 30th anniversary, the Central Bank of Azerbaijan has issued a new 20-manat banknote dedicated to theme "Karabakh".

Exchange rate of Azerbaijani manat for 11 February

The Central Bank of Azerbaijan has announced the exchange rate of the manat to foreign currencies for 11 February 2021.