Finance
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The Central Bank of Azerbaijan (CBA) in the accordance with the Law ‘On Payment Services and Payment Systems’ has set a requirement for licensed organisations to undergo an audit from 2025.
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The Central Bank of Azerbaijan (CBA) has issued a binding instruction to Kapitalbank.This is reported on the CBA website.
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The State Oil Fund (SOFAZ) sold foreign exchange worth $6,494 million in January-November 2024.This was reported by the Fund.
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'Qala Insurance' company won an open tender for voluntary insurance of the administrative building and data centre of 'AzInTelecom' company, subordinated to the Ministry of Digital Development and Tra...
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As continuation of reforms carried out in Azerbaijan in the field of digital transformation, the procedure for opening bank accounts remotely should be revised and improved in compliance with the requ...
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The Listing Advisory Programme (LAP) of Baku Stock Exchange CJSC (BSE) has been updated.This is stated in the BSE statement.
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Several banks in Azerbaijan are ready to enter ‘open banking’, other banks will achieve this in the near future. This was stated by Director General of the Central Bank of Azerbaijan (CBA) Vusal Khali...
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As of the end of November 2024, Azerbaijan had a monetary base of 20,576.8 million manats. This is reported on the website of the Central Bank of Azerbaijan.
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'Xalq Insurance' company has won an open tender for voluntary insurance of vehicles of the State Reserves Agency (KASKO).
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Despite the fact that Milli Majlis on 7 November approved general directors of the Central Bank of Azerbaijan (CBA) - Togrul Aliyev, Gular Pashayeva, Ali Ahmedov and Vusal Khalilov - as members of the...
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As of the end of November 2024, the Central Bank of Azerbaijan (CBA) had foreign exchange reserves of $10 billion 967.8 million.This is reported on the institution's website.
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AZN 11.5 million is planned to be allocated from the state budget-2025 for the maintenance of the Accounting Chamber. This was announced by the chairman of the Accounting Chamber Vugar Gulmamedov. Acc...
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‘Qala Insurance’ company won an open tender for voluntary medical insurance of 'Baktelecom' employees.
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The Central Bank of Azerbaijan has released results of a survey on lending activity in the third quarter of 2024.