Central Bank: $15.8m worth of demand fully covered at FX auction

26.07.2022 [15:09]
The foreign exchange (FX) auction was held at the Central Bank with the participation of the State Oil Fund on July 26. $15.8m worth of demand was fully covered at the auction. Average weighted exchange rate of the manat was 1,7000 ...

Azerbaijan’s Central Bank, Swiss State Secretariat for Economic Affairs discuss development of cooperation

05.07.2022 [13:00]
Chairman of the Central Bank of Azerbaijan Taleh Kazimov, who is on a business trip to Bad Ragaz, Switzerland, has met with Swiss Confederation Federal Councillor Guy Parmelin ...

Central Bank of Azerbaijan, World Bank discuss prospects for cooperation

04.07.2022 [17:55]
Chairman of the Central Bank of Azerbaijan Taleh Kazimov has met with World Bank Vice President for Europe and Central Asia Anna Bjerde. The sides exchanged views on the current state of and prospects for cooperation between the Republic of Azerbaijan ...

Baku hosts 24th annual meeting of BSTDB Board of Governors

24.06.2022 [18:08]
The 24th annual meeting of the Board of Governors of the Black Sea Trade and Development Bank (BSTDB) was held in Baku on June 23. Opening the meeting, Finance Minister, Chairperson for the Republic of Azerbaijan of the BSTDB Samir Sharifov said that the Black Sea Trade and Development Bank ...

Baku to host annual meeting of Black Sea Trade and Development Bank

20.06.2022 [17:11]
The 24th annual meeting of the Board of Governors of the Black Sea Trade and Development Bank (BSTDB) will be held in Baku on June 23-24, 2022 under the chairmanship of the Republic of Azerbaijan. At the meeting, the Board of Governors will evaluate the Bank's ...

Baku to host Fintex Summit 2022 - Finance and Technologies Expo

14.06.2022 [19:21]
The Fintex Summit 2022 - Finance and Technologies Expo will be held in Baku, Azerbaijan on June 16-17. The theme of the event is “New Trends in Banking and Finance Ecosystem: Innovative Solutions, FinTech And Security” ...

Central Bank: $22.1m worth of demand fully covered at FX auction

14.06.2022 [16:58]
The foreign exchange (FX) auction was held at the Central Bank with the participation of the State Oil Fund on June 14. $22.1m worth of demand was fully covered at the auction. Average weighted exchange rate of the manat was 1,7000 ...

Central Bank: 33.4m worth of demand fully covered at FX auction

09.06.2022 [18:17]
The foreign exchange (FX) auction was held at the Central Bank with the participation of the State Oil Fund on June 9. $33.4m worth of demand was fully covered at the auction. Average weighted exchange rate of the manat was 1,7000. ...

Central Bank: $18.2m worth of demand fully covered at FX auction

08.06.2022 [16:25]
The foreign exchange (FX) auction was held at the Central Bank with the participation of the State Oil Fund on June 7. $18.2m worth of demand was fully covered at the auction. Average weighted exchange rate of the manat was 1,7000 ...

Central Bank: $30.4m worth of demand fully covered at FX auction

31.05.2022 [17:42]
The foreign exchange (FX) auction was held at the Central Bank with the participation of the State Oil Fund on 31 May 2022. $30.4m worth of demand was fully covered at the auction. Average weighted exchange rate of the manat was 1,7000 ...

® Kapital Bank has releases financial results for Q1 of 2022

19.04.2022 [11:43]
Kapital Bank’s assets as of April 1, 2022 have amounted to 6.9 bln. manats, while the volume of the Bank’s credit portfolio has reached 2.9 bln. manats. The total amount of client deposits in Kapital Bank as of April 1, 2022 have amounted to 5.5 billion manats. As of April 1, 2022, the total capital ...

Azerbaijan’s Minister of Finance: The World Bank can give us loans on favorable terms for reconstruction of Karabakh

13.04.2022 [14:32]
“The World Bank is offering us special conditions today. If we reach a full agreement with them by the middle of next year, we can secure those conditions,” said Azerbaijan’s Minister of Finance Samir Sharifov at the meeting on the results of the first quarter of this year. “Taking into account ...

Ministry of Digital Development and Transport, International Bank of Azerbaijan launch joint ICT education project

03.03.2022 [21:08]
The Ministry of Digital Development and Transport (MDDT) and the International Bank of Azerbaijan (IBA) are launching a new joint project. The aim is to support the development of human capital in Azerbaijan. The project will train professional ICT specialists for the labor market. Students and graduates of higher education institutions will have the opportunities ...

Azerbaijan`s Minister of Economy: Turnover of online cash registers reached 15.6 billion manats

25.01.2022 [19:13]
“The expansion of digital administration is of particular importance for the establishment of a transparent control system in business entities,” Azerbaijan`s Minister of Economy Mikayil Jabbarov said on Twitter. “The turnover of online cash registers in 2021 increased by 1.8 times compared to the previous year and reached ...

® Kapital Bank announces financial results of 2021

18.01.2022 [11:57]
Kapital Bank’s assets as of January 1, 2022 have amounted to 6.7 bln. manats, while the volume of the Bank’s credit portfolio has reached 2.7 bln. manats. The total amount of client deposits in Kapital Bank as of January 1, 2022 have amounted to 5.2 billion manats ...

KOBIA, Spanish companies discuss cooperation

24.12.2021 [17:07]
Chairman of the Board of the Small and Medium Business Development Agency of Azerbaijan (KOBIA) Orkhan Mammadov has met with head of Spain’s “Factor Energia” company Emili Rousaud Parés and President of the Azerbaijan-Spain Trade and Culture Association Farid Mustafayev ...

Oil prices jump on world markets

28.07.2021 [11:22]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0,32 to trade at $74,80, while ...

Central Bank of Azerbaijan, Mastercard ink MoU

29.04.2021 [13:06]
The Central Bank of the Republic of Azerbaijan and Mastercard have signed the Memorandum of Understanding launching the 5 years Digital Country Partnership (DCP) covering different strategic areas of digital payments development in line with the Azerbaijan’s government’s strategic public ...

Azerbaijani Central Bank to cooperate with Turkish Capital Markets Council

24.04.2021 [09:42]
The Central Bank of Azerbaijan and the Turkish Capital Markets Council have signed a memorandum of understanding on cooperation.The memorandum aims to lay a necessary framework for developing cooperation between the two authorities ...