Situation with Lending in Banks of Azerbaijan

So far, loans worth about AZN 550 million have been granted to Azerbaijani entrepreneurs on favourable terms under the guarantees of the Mortgage and Credit Guarantee Fund, of which AZN 118.6 million were granted in 2024.This is reported by the Fund.

Tomorrow the Baku Stock Exchange (BSE) will hold an auction on placement of interest-bearing, unsecured, undocumented, registered bonds of non-banking credit organisation ‘Embafinans’ with the code Az2013020600 ISIN with the nominal value of AZN 2 million, circulation term of one year.This is reported by the BSE.

In 2024, receipts on unemployment insurance premiums in Azerbaijan totalled AZN 208.1 million.This was reported by the State Tax Service under the Ministry of Economy.

‘Xalqbank’ has released its financial results for 2024. Last year, the bank earned AZN 65.7 million of net profit, which is up by 26.2% from a year earlier.