Azerbaijan’s central bank changes assessment of systemic banks as payments gain importance

Azerbaijan’s central bank has changed its methodology for identifying systemically important insurers, giving greater weight to company assets while simplifying the assessment framework. Central Bank of Azerbaijan Governor Taleh Kazimov signed the...

Azerbaijan’s central bank has linked the assessment of green bank loans to the national classification system for environmentally sustainable projects, a move expected to improve market transparency while increasing documentation requirements and...

A statement by Baku Mayor Eldar Azizov that more than $200 billion had been invested in the Azerbaijani capital over the past 20 years has raised questions because it conflicts with another estimate he gave just three months earlier. Trend news...

The spread of mobile applications, online lending and cashless payments is changing the traditional branch model of Azerbaijan’s banks. Official statistics, however, do not yet indicate that digitalisation has led to mass branch closures or...