"S&P": CBA cut in interest rate to accelerate lending

The easing of monetary policy by the Central Bank of Azerbaijan, that is, a decline in the discount rate, will accelerate lending in the country in 2024-2025. This was stated by the international rating agency "Standard & Poor's (S&P)". However, the agency believes that amid growth of the loan portfolio, the proportion of overdue (problem) loans may also rise up to 4% (at the end of April 2024, this figure stood at 1.8...

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Oxudum və razıyam Şərh göndərmə qaydaları

- Finance
- 10 June 2024 10:41
Foreign currencies rates fixed by Central Bank
- Finance
- 10 June 2024 11:02
Non-banking credit organisation "Finoko" earned net profit of AZN 0.2 million last year

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.

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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.

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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.

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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).

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