Number of bank cards has increased in Azerbaijan

The Central Bank has released some indicators of the banking system for Jan-Feb.

Central Bank of Azerbaijan has published a report

The banks received net profit of AZN 107.7 million and operating profit of AZN 161.8 million

Quantity of ATMs and POS-terminals increased in 2022

Retail deposits in banks increased

Number of employees in the banking sector increased

Banks in Azerbaijan increase demand at currency auction by 35%

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' loan portfolio grew by 2% in February

The loan portfolio of Azerbaijan's banking sector increased by 2.1% (AZN 345.1 million) in February and amounted to AZN 17.126 bn.

Assets of Azerbaijan's banking sector have grown

Exchange rate of Azerbaijani manat for 29 March

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

Exchange rate of Azerbaijani manat for 28 March

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

Russian-Ukrainian war has not bypassed currencies of countries of region

MP Vugar Bayramov has commented on the change in the discount rate in the U.S. and Europe.

MP's comment: European countries to change discount rate soon

Banking sector assets have grown

The banking sector assets in Azerbaijan has grown slightly and exceeded AZN 38 bn.

Azerbaijan reports decline on problem loans

Azerbaijan's currency reserves observed growth for Jan-Feb 2022

Number of bank cards increased by 2.26% in February

The number of payment cards issued by banks in Azerbaijan reached 11.528 million cards last month.

Central bank raised discount rate to 7.75%

By the decision of Central Bank’s board the discount rate is set at 7.75%, the lower threshold of the interest rate corridor is set at 6.25%, the upper one is 9.25%.

Azerbaijan's banking sector increased and its net profit either

  The banking sector of Azerbaijan received net profit of AZN 107.7 million for the first 2 months of 2022.

VTB (Azerbaijan) continues to make money transfers to Russia

Exchange rate of Azerbaijani manat for 18 March

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

Russia can get rid of default - Details

The Ministry of Finance of Russia executed a payment order for the payment of coupon income for $117.2 million on two issues of Russian eurobonds, sent on 14 March.