Baku hosts a seminar on “The importance of quality indicators in effectiveness assessment practice in the activities of the Supreme Financial Control Bodies”. The seminar will last two days according to the Action Plan adopted at the XVII Session of ...

Fitch forecasts Azerbaijan's manat rate to remain stable for next two years

03.02.2018 [13:30]
Fitch expects the Azerbaijani currency to remain broadly unchanged over the coming two years, based on stable oil price assumptions, a report by Fitch Ratings says. "Macro-stability in Azerbaijan improved in 2017 after two years of turbulence. In the context of gradually recovering oil prices ...

S&P predicts steady growth for Azerbaijan

28.01.2018 [13:38]
Standard & Poor’s Global Ratings agency has forecast Azerbaijan’s GDP growth to average 3.3% over the next four years, the S&P said in a report, according to Financial Tribune newspaper. On Jan. 26, the S&P revised its outlook on the long-term foreign and local currency sovereign credit ratings on Azerbaijan to stable from negative ...

Kapital Bank attends BAFT's future leaders program class of 2018

22.01.2018 [11:20]
Acting Head of Risk Management department of Kapital Bank, Azerbaijan Agharza Bakhshiyev was one of 31 individuals to participate in BAFT, an international financial services association's Future Leaders program class of 2018. The program, now in ...

Azerbaijani population`s incomes up 8.3 per cent

20.01.2018 [20:19]
Incomes of the Azerbaijani population rose 8.3 per cent last year in comparison with 2016, according to the State Statistical Committee. The official figures suggest that the population`s incomes made 4.9 billion manats in 2017. ...

About 250 companies to attend Digital Banking and Security Conference in Baku

19.01.2018 [12:58]
About 250 companies will take part in the Digital Banking and Security Conference to be organized by the FA International Trade Events in Baku on April 17-18. The conference will be held under the Strategic Road Map for the Development of Financial Services in Azerbaijan, which was ...

Baku to host financial forum in February

18.01.2018 [13:58]
“The Caspian European Club will organize a financial forum in Baku in February,” Mustafa Abbasbayli, Chief Executive Officer of the Caspian European Club, has told reporters. “The forum is scheduled for February 28. State financial institutions, including ...

Samir Sharifov: exchange rate of manat stabilized

29.12.2017 [11:15]
Exchange rate of the national currency of Azerbaijan stabilized, said Finance Minister Samir Sharifov. The minister stressed that at the beginning of the year, the manat was growing even stronger, saying that compared to the ...

World Bank representative: Azerbaijan's economy is constantly developing

20.12.2017 [10:46]
‘Azerbaijan's economy is constantly developing’, said Keiko Honda, Executive Vice President, Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group as the delegation led by him met the Minister of Finance of Azerbaijan Samir Sharifov ...

EBRD hails Azerbaijani government`s efforts to restructure largest bank, IBA

16.12.2017 [10:20]
The European Bank for Reconstruction and Development (EBRD) has commended the government of Azerbaijan for its efforts to restructure the International Bank of Azerbaijan. In its Transition Report 2017-18: Sustaining Growth, the EBRD said: “In Azerbaijan ...

Chairman of Azerbaijan Chamber of Auditors joins international symposium in Turkey

09.12.2017 [12:04]
Chairman of Azerbaijan Chamber of Auditors Vahid Novruzov is attending the 12th international audit symposium in Antalya, Turkey. The symposium aims to promote high-quality and useful audit research, as well as to include research that deals with both ...

Traditional New Year campaign from AtaBank OJSC

04.12.2017 [16:34]
AtaBank OJSC offers its customers valuable gifts as a part of the incredible New Year campaign. Within the New Year with the gifts campaign, from December 4, 2017 to December 29, 2017, all insured deposit customers will ...

Within Pay non-cash, Get cash campaign winnings made 18,131 manats

29.11.2017 [21:22]
During the AtaBank's instant stimulating lottery campaign - Pay non-cash, Get cash, started on May 01, 2017, 28,337 lottery tickets were provided and winnings of participants made 18,131 manats ...

Three more branches of Ziraat Bank to be established in Azerbaijan

23.11.2017 [11:46]
“Three more branches of Ziraat Bank will be established in Azerbaijan,” Ziraat Bank`s CEO Huseyn Aydin said. He noted that the two departments of the bank currently operate in the country as well as three more branches are expected ...

Investments in Azerbaijani economy projected at AZN15.9bn in 2018

13.11.2017 [15:28]
The total volume of investments in Azerbaijan’s economy is projected at 15,9 billion manats in 2018, said Deputy Minister of Economy Sevinj Hasanova. She emphasized that the government will continue taking systematic measures to improve business ...

Azerbaijani delegation to attend WB Group and IMF annual meetings

12.10.2017 [01:30]
Azerbaijan`s Minister of Finance Samir Sharifov and chairman of the Central Bank Elman Rustamov will participate in the annual meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington this week. ...

AzeriCard to update its system

11.10.2017 [18:36]
For the increasing of the service quality AzeriCard processing center regularly updates its system. According to the official information from processing center due to updates in the system, the operation of processing center ...

WB allocated $170m to Azerbaijan`s State Committee for Refugees and IDPs so far

19.09.2017 [14:10]
The World Bank has allocated around $ 170 million to Azerbaijan`s State Committee for Refugees and IDPs over the past 18 years, said chairman of the committee Ali Hasanov. ...

WB highly appreciates implementation of financial sector modernization in Azerbaijan

19.09.2017 [10:32]
Chairman of Directors’ Board of the Financial Market Supervisory Authority Rufat Aslanli received the World Bank Regional Director for the South Caucasus, Europe and Central Asia, Mercy Tembo ...