Investment Accelerates, but Oil Takes the Lead Again: Who Is Financing Azerbaijan’s Economic Growth?

Azerbaijani banks increased their combined net profit by about a quarter in the first half of 2026, supported by strong interest and fee income, but slowing lending and rising non-performing loans point to a possible loss of momentum in the second...

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...