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

The volume of loans issued in Nakhchivan for 6 months

Indicators on some banking operations of Nakhchivan disclosed

The number of bank accounts opened in the banks of the Nakhchivan Autonomous Republic reached 95,514 as of 1 July 2021

Exchange rate of Azerbaijani manat for 27 July

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

Turan Bank ends 1st half of this year with profit

Turan Bank completed the 1st half of this year with profit of AZN 185,000

Azerbaijan reports decrease of quantity of bank cards for past month

The number of cards in Azerbaijan has been unveiled

Rate of payment cards has grown

The growth of the number of payment cards in Azerbaijan continued in June 2021.

Number of legal entities’ bank accounts exceeded 120,000

The quantity of bank accounts of legal entities has increased in Azerbaijan.

Cryptocurrencies have increased in price

The cost of Bitcoin per day increased by 11.95%

Exchange rate of Azerbaijani manat for 26 July

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

Kapital Bank has released financial results for the second quarter of 2021

Means by which non-cash payments are most often made

Non-cash payments on debit and credit cards increased

The Central Bank has published a report on some indicators.