Azerbaijan's current account balance is in surplus, but still at the expense of oil and gas
Finance
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The Central Bank of Azerbaijan has published a review of the credit union based on the results of the first half of 2024. According to the document, local credit unions suffered losses in the amount of AZN 0.7 million in January-June.This is up by 80% from the same period of the last year.
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The Central Bank of Azerbaijan has published a review of NBCOs on the results of the first half of 2024.
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The Central Bank of Azerbaijan has published a banking review based on the results of the first half of 2024. According to the document, local banks earned AZN 614 million of net profit in January-June. This is up by 9% from the same period of the last year.
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A non-banking credit organisation (NBCO) "E-Kredit" has been registered in Azerbaijan.
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