Finance - 2024
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Economic growth in Azerbaijan is expected to be about 3.5% in 2024. This was stated by chairman of the Central Bank of Azerbaijan Taleh Kazimov at a press conference. "We expect that in 2025 the gr...
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As of the end of 2023, the surplus of Azerbaijan's current operating balance (COB) will be about $10 billion. This was stated by chairman of the Central Bank of Azerbaijan Taleh Kazimov at a press...
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The Central Bank of Azerbaijan has reduced the discount rate by 0.25 percentage point from 8% to 7.75%. This is reported on the CBA website. The report said the lower limit of the interest rate cor...
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The Mortgage and Credit Guarantee Fund has allocated new limits to authorised banks to continue mortgage lending in 2024.
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On January 29, the State Customs Committee, breaking its silence, finally announced the amount of funds transferred to the state budget in 2023. According to the Committee's statement, last year it “b...
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The auction for placement of interest-bearing unsecured nominal non-documentary bonds of the state joint stock company "AzerGold" with the code AZ2003019877 ISIN, worth 20 million US dollars, with a c...
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The subsidiary of “Paşa Holdinq” in Georgia has announced a new joint-stock structure. According to information posted on the website of the subsidiary bank, 85.1% of the shares belong to "Paşabank...
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Tomorrow, the Central Bank of Azerbaijan (CBA) will announce its next decision on the parameters of the interest rate corridor. Add that it will be the first interest rate decision of 2024.
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In 2023, revenues from paid services of organizations financed from the state budget of Azerbaijan amounted to 822.9 million manats. This was announced by the Ministry of Finance. The report says t...
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An auction was held on the Baku Stock Exchange (BSE) in Azerbaijan for placement of ordinary, registered, undocumented shares of the construction materials distributor "Konstromat” joint stock company...
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The Central Bank of Azerbaijan has published a review of securities market for 2023. The document says that last year 13,545 deals worth AZN 28,069.2 million were concluded in the capital market. T...
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The Central Bank of Azerbaijan has published a review of credit unions by the end of 2023. The document says that local credit unions suffered losses of 0.25 million manats last year, which is up b...
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The Central Bank of Azerbaijan has published a review of non-bank credit organizations (NBCOs) based on the results of 2023. The document says that the last year local NBCOs earned a net profit of...
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The Central Bank of Azerbaijan has released its banking review for 2023. The document says that last year the local banks gained AZN 1,076.4 million of net profit, which is up by 17.7% from a year...















