CBA earned $467 million on foreign exchange assets management last year

In 2023, the Central Bank of Azerbaijan (CBA) gained a record amount of income from the management of foreign currency assets - $466.5 million. This is stated in the organisation's management report on the results of the last year. It is to remind that in 2022 the organisation suffered losses in the amount of $ 41.8 million. Thus, the return on the structure's investment portfolio for the year was 4.73%. This was achieved as a resul...

Please login or subscribe to read more

Leave a review

Ad *

Your review *

Oxudum və razıyam Şərh göndərmə qaydaları

- Politics
- 17 July 2024 15:01
“Yeni Azerbaijan” party has announced a list of its candidates for deputies
- Economics
- 17 July 2024 15:20
Azerbaijani Energy Minister Discusses Cooperation with World Bank Delegation

Finance

Finance
- 13 February 2025, 12:43
Azerbaijan to redeem part of domestic public debt ahead of schedule
Auction on early redemption of government bonds with codes AZ0201040208, AZ0201040240, AZ0201040265 and AZ0201040323 ISIN, placed by the Ministry of Finance, will be held at the Baku Stock Exchange on 25 February. This was reported by the Ministry.

Read more
Finance
- 13 February 2025, 11:53
Azerbaijan approves ‘Rules on Operational Risk Management in Banks’
The Central Bank of Azerbaijan (CBA) has approved ‘Rules of Operational Risk Management in Banks’ developed on the basis of progressive international experience and standards.This is reported on the CBA website.

Read more
Finance
- 13 February 2025, 11:22
Azerbaijan increases social insurance receipts by nearly 12%
In January 2025, contributions to compulsory state social insurance in Azerbaijan totalled AZN 443.4 million. This was reported by the State Tax Service under the Ministry of Economy.

Read more
Finance
- 13 February 2025, 11:07
Azerbaijan's revenues from export of insurance services decline by more than 23%
In 2024, insurance companies in Azerbaijan concluded 50,207 contracts of ‘Green Card’ for a total amount of AZN 7.2 million.This was reported by the Mandatory Insurance Bureau (BIB).

Read more