Azerbaijani Banks Boost Profit, but Credit Growth Slows

Investment in Azerbaijan’s economy accelerated significantly in the first half of 2026, but the main source of the increase was not new non-oil production. It was a sharp rise in capital expenditure in the oil and gas sector. According to the State...

By a Presidential Decree of the Republic of Azerbaijan dated 6 July 2026, the execution of the 2025 budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) was officially approved. According to the decree, the Fund's total revenues in...

Nusrat Ibrahimov, Chairman of the Azerbaijan Chamber of Appraisers (AQP), held a briefing for media representatives on June 24 at the Chamber’s new administrative building. During the event, the reforms implemented in the valuation sector, the work...

For an economy that has long relied on oil revenues, European credit lines and conventional multilateral institutions, Baku is increasingly shaping a new financial strategy: to diversify not only exports and trade routes, but also the structure of...