Foreigners conducted operations with bank cards for AZN 256 million

Since this March Azerbaijan has observed decrease in the number of arriving foreigners

Currency exchange offices can be opened only in this case – Details

SOFAZ has made a decision on revenues

Central Bank sold $50.8 million to banks

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

Gold has grown in price more than by $2

Prices for gold and silver offered on world exchanges have been unveiled

Central Bank announced exchange rate for 30 June

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

Over AZN 100 million returned to depositors of 4 liquidated banks

As of 29 June the depositors of AtaBank, Amrahbank, NBC Bank and AGBank received compensation for insured deposits in the amount of AZN 100.4 million, ABC.AZ was informed at the Azerbaijan Deposit Insurance Fund (ADIF)

Local NBCO more than doubled its share capital

The authorized capital of non-bank credit organization Brand Credit LLC has been increased by AZN 1 million or 2.1 times

New head appointed to KredEx LLC

The director of non-bank credit organization KredEx LLC, Elshan Aliyev, has been dismissed from his post

Credit card rate observes growth within the quarantine period

For the first 5 months of 2020 the number of debit cards rose by 161,000 cards.

Rate of monthly salary cards fell by 7,000

According to Central Bank`s statistics, at the end of January 2020 the number of salary cards totaled 2.355 million ones.

Quantity of payment cards has grown much for past 5 months

The number of payment cards in Azerbaijan by the end of May 2020 has become known

Azerbaijan records decline of POS terminals from 80,000 to 53,000 for past 5 years

The Central Bank announced a reduction in the number of POS terminals in Azerbaijan for the first 5 months of this year

Number of POS terminals reduced much

The number of POS terminals in Azerbaijan has been published

Gold price has grown by $7.10

Prices for gold and silver on world exchanges have increased

Central Bank announced exchange rate for 29 June

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

Overdue loans decreased

The amount of the overdue loans for May 2020 was announced

Net profit of Azerbaijan`s banking sector has decreased

The banking sector of Azerbaijan received net profit of AZN 314.5 million for Jan-May 2020

Depositors of four banks compensated for AZN 83.9 million

Tural Piriyev, the executive director of the Azerbaijan Deposit Insurance Fund, held a press conference on the issue of deposits in four banks

Lending to banks in Azerbaijan has decreased

As of 1 June 2020 the lending to Azerbaijani banks amounted to AZN 14.36 bn

ADIF director: Matter of insurance of bank business deposits is not on agenda

In Azerbaijan, the issue of insurance of bank deposits of legal entities and individual entrepreneurs is not yet on the agenda. There were no discussions on the occasion.