Finance - 2021
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The Central Bank of Azerbaijan (CBA) has decided to maintain the discount rate at 6.25%, the chair of the Central Bank Elman Rustamov announced on Friday at an online press conference. The lower inter...
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In 2020, the number of bank employees amounted to 18,708 people.Compared to 2019, the number of employees decreased by 752 people.During this time, the number of bank branches decreased by 54 units, a...
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The negative consequences of the coronavirus pandemic on the tourism sector resulted in a sharp decrease in the volume of transactions of foreigners with bank cards.This is stated in the Export Review...
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In 2020, Azerbaijan's exports amounted to $ 13.7 billion, of which $ 1.9 billion fell to the share of the non-oil sector.This is stated in the Export Review presented by the Center for Communication a...
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The loan portfolio of Azerbaijani banks in 2020 amounted to 14 billion 157 million manats.Compared to 2019, this figure is 743 million 900 thousand manats or 5% less.The banks reduced business lending...
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At the currency auction of the Central Bank on Thursday, 61 million 800 thousand dollars were sold.Compared to the previous auction held on January 26, the demand for the currency decreased by $ 8 mil...
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At the end of 2020, Pasha Heyat Sigorta became the leader in insurance fees. The company collected 242 million 632 thousand manats.The second position was taken by another company belonging to Pasha H...
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At the end of 2020, the volume of deposits in Azerbaijani banks amounted to 20 billion 722 million 900 thousand manats.Compared to 2019, these deposits decreased by 603 million 800 thousand manats or...
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In the town of Hadrut, liberated from the Armenian occupation, Kapital Bank installed an ATM and a payment terminal.Using the terminal installed along with the ATM, you can replenish the balance of ca...
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In 2020, the net profit of Azerbaijani banks amounted to 567 million 800 thousand manats.Compared to 2019, the banks’ net profit increased by 30 million 900 thousand manats or 5.7%.The banks paid 165...
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The fees of insurance companies in Azerbaijan in 2020 amounted to 728 million 634 thousand manats.Compared to 2019, the fees increased by 47 million 458 thousand manats or 6.9%.During the specified ti...
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The total assets of commercial banks of Azerbaijan amounted to 32 billion 55 million manats in 2020.Compared to 2019, the banks' assets decreased by 667 million manats, or 2%.During the reporting peri...
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The loan portfolio of Premium Bank in the fourth quarter of 2020 amounted to 570 million 103 thousand manats, which is 2 million 530 thousand manats or 0.4% more compared to the same period in 2019.Du...












