"It would be naive to expect that Western companies will come to Azerbaijan if there is such an environment"

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...

Azerbaijan’s manat has marked its 34th anniversary in conditions that contrast sharply with the turmoil of its early years: the national currency has been held at 1.70 to the dollar for almost nine years, foreign exchange reserves are rising and...

The central question of this analysis is simple, but the answer is complex: should cryptocurrency be banned in Azerbaijan, or should the market be regulated in a way that allows the country to benefit from innovation and investment while managing...