NBCOs to connect to payment systems

Azerbaijan has permitted non-bank credit organizations to open current accounts to their credit customers, and these credit organizations can connect to payment systems.

Kapital Bank shareholders to hold a general meeting

The next general meeting of shareholders of Kapital Bank will be held at 11 am on 14 March.

Central Bank’s study: Initial payment on car loans may be reduced

The Central Bank is conducting research to reduce the down payment rate on car loans

Cause of high sales at currency auctions named

Central Bank’s chairman Elman Rustamov has named the cause of the high sales at currency auctions in November, December 2021 and January 2022.

Elman Rustamov: CBA acquired $245 million at auctions

Today, the Central Bank held a meeting on making changes to interest rates

Central Bank raised the discount rate

The Board of the Central Bank of Azerbaijan (CBA) has decided to increase the discount rate by 0.25 percentage points - from 7.25% to 7.5%.

Exchange rate of Azerbaijani manat for 28 January

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

Azərbaycanda banklar valyuta hərracına olan tələbatı 18,3% azaldıb

Hərracın nəticələrinə görə manatın ortaçəkili məzənnəsi 1,7000 AZN/USD səviyyəsində formalaşıb

Banks in Azerbaijan lower demand at currency auction by 18.3%

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

Yapı Kredi Bank Azerbaijan’s assets total AZN 395 million for 2021

In the 4th quarter of 2021 the assets of Yapı Kredi Bank Azerbaijan increased up to AZN 395 million

Deposit portfolio of Yapı Kredi Bank Azerbaijan grew by 15%

The deposit portfolio of Yapı Kredi Bank Azerbaijan totaled AZN 285 million for the 4th quarter of 2021.

Loan portfolio of Yapı Kredi Bank Azerbaijan reached AZN 117 million

Yapı Kredi Bank Azerbaijan increased the total volume of loans given to customers by 17% for Q4 of 2021

Exchange rate of Azerbaijani manat for 27 January

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

Rabitabank's assets exceed AZN 1 bn for 2021

Rabitabank released the financial indicators of last year.

TuranBank Receives Credit Line from Reputable International Financial Institution

Exchange rate of Azerbaijani manat for 26 January

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

Bitcoin has risen in price again

The price of bitcoin has risen again after falling to a 7-month low

Turanbank's deposit portfolio grew more than by AZN 137 million for 2021

The deposit portfolio of Turanbank increased by 49% or by AZN 137.2 million up to AZN 417.45 million for 2021

Turanbank reports an increase in assets by 30% for 2021

The total assets of Turanbank grew by 29.6% or by AZN 163.225 million (against 2020) up to AZN 714.96 million for 2021.

Last year, Turanbank's operating profit reached AZN 1.9 million

Turanbank has published a report on financial indicators for 2021

Turanbank's operating income grew more than by AZN 8 million in 2021

Turanbank has published the financial indicators for 2021