Finance
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While the Central Bank of Azerbaijan (CBA) reported that the number of individuals with deposit accounts in the country is about 150,000, it does not report on the total number of deposit accounts.Exp...
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In 2024, the Compulsory Insurance Bureau (СIB) paid AZN 966,559 in compensation for road accidents involving uninsured and unknown vehicles.This was reported by the CIB.
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The Central Bank of Azerbaijan has issued an insurance agent's licence to ‘Turanbank’.This is reported on the CBA website.
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The Central Bank of Azerbaijan (CBA) has granted binding instructions to 'Azer-Türk Bank', credit unions 'Finans', 'Total Finans' and 'Stimul', as well as to 'Azerpocht' company, subordinated to the M...
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In spite of the fact that the Central Bank of Azerbaijan (CBA) has created an opportunity to issue daily loans to non-bank credit organisations ( NBCOs) in 2024, it is not interested in the rapid deve...
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Amount of notes issued by the Central Bank of Azerbaijan (CBA) went down 6.3 times in 2024.This is reported on the structure's website.
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By the end of 2024 there were about 150,000 bank depositors in Azerbaijan.
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‘Kapitalbank’ will hold an extraordinary general meeting of shareholders on 25 February at 11: 00.
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Rising prices for electricity, natural gas and heat in Azerbaijan since the beginning of this year may have a significant impact on annual inflation at the level of 0.51 %.
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The Central Bank of Azerbaijan (CBA) forecasts that an average price of a barrel of oil in the world market in 2025 will be $77.3, and the price of 1000 cubic metres of natural gas - $349.
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The Central Bank of Azerbaijan (CBA) forecasts that by the end of 2025 the country's economic growth will be 3.3 %, including the production of gross domestic product (GDP) in the non-oil and gas sect...
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According to updated forecasts of the Central Bank of Azerbaijan (CBA), annual inflation is expected to be about 5.5 % in 2025 and about 3.8 % in 2026.This is reported on the CBA's website.
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The Central Bank of Azerbaijan has issued a licence for currency exchange activity (‘Exchange’) to ‘MMK-014’ company.This is reported on the CBA web page as relevant register.
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‘Qala Insurance’ company has won a tender for direct purchase of compulsory insurance of immovable property and compulsory insurance of civil liability of immovable property owners held by the Ministr...