Rate of bank branches decreased in annual comparison and increased over past month

An increase in the number of branches of banks in Azerbaijan was recorded

Banks increased lending – over 1 bn manats

As of 1 July the lending of banks operating in Azerbaijan totaled AZN 14.169 bn

Deposits in banks decreased more than by 10%

As of 1 July 2020 the deposits of Azerbaijani banks amounted to AZN 7.706 bn

Gold price has fallen by $4

Prices for gold and silver, which are traded at world exchanges have been announced.

Central Bank announced exchange rate for 24 July

The Azerbaijani manat has fallen to the euro and risen to the Russian ruble, while is stable to the US dollar.

Central Bank of Turkey`s currency reserves decreased more than by half a million dollars

State Budget surplus causes – fiscal authorities

State Budget expenditures amounted to AZN 6.476 bn for Apr-Jun

State Budget expenditures fulfilled by 100.9% for Jan-Jun

The forecast on the expenditure part of the budget was fulfilled by AZN 4.211 bn for Apr-Jun

Over Jan-Jun Customs Committee transferred AZN 2.019 bn to State Budget

The Ministry of Finance has published revenues and expenditures of the State Budget for the past half of the year

State Budget has surplus of AZN 291.9 million

For the past 6 months of this year the Azerbaijani State Budget revenues amounted to AZN 12.02 bn, expenditures AZN 11.73 bn, and surplus AZN 291.9 million, ABC.AZ reports with reference to the Ministry of Finance

Azerbaijan Central Bank sold $60 million to banks

The Central Bank of Azerbaijan held a currency auction with the participation of the State Oil Fund

Gold has grown in price almost by $4

Prices for gold and silver at world exchanges have been declared

Central Bank announced exchange rate for 23 July

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 23 July

ASB Bank`s assets also declined for past half of 2020

In the first 6 months of this year ASB Bank`s assets decreased by 6.2% to AZN 924 million versus AZN 985 million for Jan-Jun 2019

ASB`s profit fell sharply

Industrial Bank of Azerbaijan has published a report on the results of the past 6 months of 2020

Industrial Bank of Azerbaijan reports – its non-interest income decreased

Industrial Bank of Azerbaijan (ASB Bank) has published a report on the results of the first half of 2020

Gold rose in price by 0.7% and silver by 5.24%

Prices for gold and silver, which are traded on world exchanges, have been announced

Central Bank announced exchange rate for 22 July

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 22 July

Another organization presents a report about its profit

MCB NBCO completed 2019 with net profit of AZN 622,000

Problem loans volume announced - about AZN 2 bn

As of 1 June the loan portfolio of banks and other credit organizations in Azerbaijan amounted to AZN 14.765 bn in the equivalent of the national currency

Uninsured deposits in closed banks of Azerbaijan also to be refunded