® Kapital Bank announces financial results of 2019

17.01.2020 [18:36]
Kapital Bank’s assets as of January 1, 2020 have amounted to 4.2 bln. manats, while the volume of the Bank’s credit portfolio has reached 1.8 bln. manats. The total amount of client deposits in Kapital Bank ...

Baku hosts seminar on “Understanding FATF standards for non-profit sector”

18.12.2019 [18:04]
An international seminar on “Understanding FATF standards for non-profit sector” co-organized by Financial Monitoring Service of the Republic of Azerbaijan (FMS) and Open Government Platform of Azerbaijan has been held in Baku under the aegis of International Centre ...

® AtaBank launches deposit campaign

12.11.2019 [11:43]
On its 26th anniversary, AtaBank OJSC launched a traditional deposit campaign. The saving campaign, which everyone is looking forward to, begins this time entitled “New Year with new iPhone” and offers ...

World Bank Group to help Azerbaijan’s lenders improve financial inclusion

07.11.2019 [15:14]
The World Bank Group, in a project led by IFC, signed an agreement today to help spur the development of digital financial services in Azerbaijan, part of an effort to fight poverty and drive economic growth in the country. IFC, in partnership with the State Secretariat for Economic ...

4th International Banking Forum gets underway in Baku VIDEO

06.11.2019 [12:49]
The 4th International Banking Forum on the theme “Cashless Economy: Towards Sustainable Banking” has kicked off in Baku. The two-day event supported by Azerbaijan Banks Association (ABA), Central Bank of the Republic of Azerbaijan, Financial ...

SOCAR to issue new bonds

17.10.2019 [12:30]
Holders of SOCAR Bonds, having been issued in 2016 and offering new investment opportunities for the citizens, made an income of 1 250 000 USD once again during the 12th interest payment for SOCAR Bonds organized on October 17, 2019, and ...

® Kapital Bank releases financial results for third quarter of 2019

16.10.2019 [12:47]
Kapital Bank’s assets as of October 1, 2019 have amounted to 4 bln. manats, while the volume of the Bank’s credit portfolio has reached 1.7 bln. manats. The total amount of client deposits in Kapital Bank as of October 1, 2019 have amounted to 3.2 billion manats ...

® Turn your business into online with AtaBank

27.09.2019 [20:09]
AtaBank OJSC represents e-commerce service for entrepreneurs wishing to engage in electronic business and modernize their activities. Using the electronic commerce service a client easily accesses the web page from anywhere in the world and selects the product he is about to buy ...

Azerbaijan among Top-20 improvers in Doing Business 2020 report

27.09.2019 [19:46]
Azerbaijan has been ranked among Top-20 improvers in the World Bank`s Doing Business 2020 report. “Azerbaijan made it easier to do business in four areas measured by Doing Business: registering property, getting credit, protecting minority investors and enforcing contracts,” according to the report ...

Baku to host Microfinance conference and 6th Investors` Fair

25.09.2019 [16:38]
Azerbaijan Micro-Finance Association (AMFA) will organize its biggest events of the year – Microfinance conference on the topics “Microfinance at the Crossroad: Sustainable Development in the Digital Era”, as well as the 6th Investors` Fair on October 4 ...

Baku to host 4th International Banking Forum in November

14.08.2019 [13:36]
The 4th International Banking Forum will be held in Baku on November 6-7. Organized by the Association of Banks of Azerbaijan, the forum will focus on the current state and prospects of the country`s banking sector. ...

® Kapital Bank — 145 years with you!

24.07.2019 [11:07]
July 24, 1874 is the foundation date of the first bank of the country — Kapital Bank. The first service point of Kapital Bank, which is the legal successor of Savings Bank of Azerbaijan, started to function as from July 24, 1874. For the first time, savings banks ...

Holders of SOCAR bonds earn $13.75 million

17.07.2019 [12:05]
The 11th interest payment for SOCAR bonds (3rd for the year) with annual coupon of 5 percent and quarterly coupon payments, were paid on July 17. The total revenue of the bond holders amounted to $13 million 750 thousand. In the forthcoming quarters ...

® Kapital Bank releases results for Q 2 of 2019

15.07.2019 [10:53]
Kapital Bank has released financial results for the second quarter of 2019. Kapital Bank’s assets as of July 1, 2019 have amounted to 3.6 billion manats, while the volume of the Bank’s credit portfolio has ...

Grant Thornton to prepare consolidated Extractive Industries Transparency reports covering 2018-2019

13.07.2019 [10:26]
The Extractive Industries Transparency Commission (EITC) has held its next meeting at the State Oil Fund of the Republic of Azerbaijan (SOFAZ) with the participation of representatives of civil society, local and foreign extractive companies operating in Azerbaijan and international organizations ...

Holders of SOCAR Bonds to earn $13.75 million

11.07.2019 [14:25]
The 11th coupon payment (3rd for the year) for SOCAR Bonds with annual interest of 5 percent will take place on 17th of July 2019, raising the total revenue of the bond holders up to 13 million 750 thousand USD, SOCAR Capital Company has told AZERTAC ...

® BirKart runs Facebook Messenger contest

08.07.2019 [11:54]
Kapital Bank launches a new contest on BirKart's Facebook page. An interesting side of the contest, which will be held from 8 to July 18, is that it will be held not by a human, but by a messenger bot "Aican". To take part in the competition, it is enough to send a message to BirKart’s Facebook ...

® “Bring Visa, Get VISA” campaign successfully under way

05.07.2019 [12:58]
The campaign of AtaBank OJSC which started again and gave many free cards to clients is successfully under way. Within the campaign customers with active foreign visas will get opportunity to get free Visa Classic and Visa Gold cards from AtaBank OJSC. To get a free card ...

® AtaBank updates deposit terms

03.07.2019 [13:59]
AtaBank has made a number of changes in the terms and interest rates of savings. Thus, customers will be able to place insured deposits at favorable interest rates. Furthermore, AtaBank's updated deposit products give additional benefits such as a 50% discount on rental of ...