Azerbaijan’s Minister of Finance Samir Sharifov will attend the 53rd Annual meeting of the Asian Development Bank`s (ADB) Board of Governors on September 17-18 in a video format. Ministers from ADB members, ADB Management, and development and industry experts ...

July 24, 1874 is the foundation date of Kapital Bank-the first bank of the country. The first service point of Kapital Bank, which is the legal successor of Savings Bank of Azerbaijan, started to function from July 24, 1874. On the occasion of the 146th anniversary ...

Kapital Bank’s assets as of July 1, 2020 have amounted to 4.9 bln manats, while the volume of the Bank’s credit portfolio has reached 2.2 bln manats. The total amount of client deposits in Kapital Bank as of July 1, 2020 have amounted to 3.6 billion manats. ...

Standard & Poor's international rating agency has determined the outlook on Kapital Bank's rating as "stable" and affirmed it at the level of "BB-/B". This rating is one of the highest among the banks of the country. ...

Kapital Bank’s assets as of April 1, 2020 have amounted to 4.4 bln. manats, while the volume of the Bank’s credit portfolio has reached 2.04 bln. manats. The total amount of client deposits in ...

Mastercard supports Azerbaijani banks and the cardholders while this challenging time facilitating the service prolongation of the recently expired cards. Last week Central Bank of Azerbaijan, in order to protect the health of the population of Azerbaijan, allowed the usage of cards with an expiration date in March-May until the end of ...

The Central Bank of Azerbaijan and the National Microcredit Agency of Italy have inked a Memorandum of Understanding on cooperation. The document was signed by Chairman of the Central Bank Elman Rustamov and President of the ...

“Azercell Telecom” LLC presents the worldwide known “Busuu” application on affordable terms. Aiming to make multiple opportunities introduced by cutting-edge technologies accessible for its subscribers, Azercell Telecom is once again enriching its digital product portfolio by offering Busuu” application ...

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 ...

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 ...

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 ...

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 ...

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 ...

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’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 ...

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 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 ...

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 ...

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. ...