Local banks conducted deposit operations for 263 million manats for Jan-Mar

12:07 - 15.05.2026


May 15, Fineko/abc.az. In the first quarter of 2026, local banks used the permanent access tool of the Central Bank of Azerbaijan, focused on both sterilization and provision of liquidity.

ABC.AZ reports, referring to the CBA quarterly Monetary Policy Review, that for Jan-Mar, the banks used a one-day deposit as a permanent access tool on 100% of business days and a one-day reverse repo tool on 8% of business days. The demand for permanent access instruments was driven by changes in the liquid position of the banking sector.

In three months, 53 one-day deposit operations with average volume of 263 million manats and 4 reverse repo operations with average volume of 275 million manats were conducted.