IBA has published a report - net profit increased

Dollar gets cheaper

The US dollar gets cheaper against the euro and the yen

Exchange rate of Azerbaijani manat for 29 July

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

Quantity of Finex Credit shareholders has increased

Six new shareholders have appeared at non-bank credit organization Finex Credit

Unibank's profit more than halved

Unibank completed the 1st half of this year with profit of AZN 3.915 million (57% or 2.3-fold times less against Jan-Jun 2020)

Azerbaijan's currency reserves increased

As of 1 July 2021 Azerbaijan's foreign exchange reserves amounted to $50.56 bn.

Bank Avrasiya's loan portfolio increased by 9%

Bank Avrasiya's operating profit totaled AZN 3.295 million for Jan-Jun 2021

Bank Avrasiya’s operating profit exceeds AZN 3 million

Bank Avrasiya has published the financial indicators for Jan-Jun 2021

Deutsche Bank's net profit increased 15-fold

Germany's largest bank Deutsche Bank has published a report for the 1st half of 2021

Azerbaijan reports fewer purchases of Russian rubles

The Azerbaijani population received 989.332 million Russian rubles in cash from commercial banks for Jan-Jun 2021

Loss of Baku branch of National Bank of Pakistan decreased 2-fold

The Baku branch of the National Bank of Pakistan ended the 1st half of this year with loss of AZN 115,000 (50.6% or almost 2-fold less against Jan-Jun1st half of 2020).

Exchange rate of Azerbaijani manat for 28 July

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

Naxchivanbank’s assets lowered over Jan-Jun

The only commercial bank of the Nakhchivan Autonomous Republic, Naxchivanbank OJSC, reduced its assets by AZN 22.43 million or 7.5%, for the first 6 months of 2021

Oil Fund’s gold reserve remained stable

In the 1st half of 2021 the gold reserve of the State Oil Fund (SOFAZ) did not change

Günay Bank reports loss for 2nd quarter

Muganbank increased loans to customers for past half-year

In the 1st half of 2021 the total assets of Muganbank increased by AZN 22.49 million or by 3.8% (compared with 1st half of 2020), reaching AZN 613.397 million

Muganbank completed 1st half of 2021 with net profit

Muganbank finished the 1st half of 2021 with net profit of AZN 556,000

Azerbaijani population’s euro-in-cash purchases from banks for Jan-Jun

Over Jan-Jun 2021 the Azerbaijani population purchased 82.574 million euro in cash from commercial banks (35.9% less versus Jan-Jun 2020).

Yapı Kredi Bank Azerbaijan has published a report - Growth is observed

Yapı Kredi Bank Azerbaijan has published a report for the 2nd quarter of 2021.

Yapı Kredi Bank Azerbaijan recorded growth on some indicators

By the end of Q2 of 2021 the total balance sheet capital of Yapı Kredi Bank Azerbaijan increased compared with the relevant term of 2020.

Banks bought $68.2 million at a 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