Finance - 2024
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The State Oil Fund (SOFAR) has invested US$ 100 million in an educational network in the United Arab Emirates (UAE). This is reported by the SOFAR.
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It has been 25 years since the beginning of the partnership between Azerbaijan and the Asian Development Bank (ADB). According to the Ministry of Finance, on this occasion, the president of the bank M...
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The auction for placement of interest-bearing, unsecured, undocumented, registered bonds (the next batch) of "Kapitalbank" with the code AZ2011005157 ISIN in the amount of 50 million manats and circul...
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As of the end of May2024, Azerbaijani banks had assets worth AZN 49,147.5 million. This is stated in the banking review published by the Central Bank of Azerbaijan.
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Reorganisation of the only regional bank of Azerbaijan - "Nakhchivanbank" into a non-banking credit organisation (NBCO) "E-kredit" bank does not pose a threat to the bank's creditors, including its de...
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The Central Bank of Azerbaijan (CBA) has commented on the non-cancellation of the licence of non-banking credit organization "Para", which has been practically insolvent for 3 years (liabilities excee...
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The Central Bank of Azerbaijan has published a banking review on the results of January-May 2024.
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The Central Bank of Azerbaijan has published its statistical bulletin on the results of January-May 2024.
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In May 2024, the State Customs Committee transferred AZN 510.4 million to the state budget. This is reported on the Committee's website.
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Non-bank credit organization "International" has released its financial indices for 2023.
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"Naxçıvanbank", which is in the process of liquidation, has addressed its creditors as saying that it has given its creditors 2 months.
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So far more than 6,000 investors have placed orders for new shares of the state-owned International Bank of Azerbaijan (IBA), subscription for which began from 11 June.
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The Central Bank of Azerbaijan has released an insurance review on the results of January-May 2024.
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In the first quarter of 2024, a transaction worth $1.4 billion was carried out in the cash currency market of Azerbaijan.















