Finance - 2022
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In May 2022 the State Oil Fund (SOFAZ) held sales of $288 million at currency auctions organized by the Central Bank of Azerbaijan. This was reported by the Fund. It is down by 7.9% from the same peri...
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Investment company ABB-Invest has announced its financial performance for 2021. Last year the financial organization earned a net profit of AZN 0.2 million (previous year ended with a small loss).In t...
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Non-banking credit organization MCB has announced its financial performance for 2021. Last year the non-credit organization received a net profit of AZN 0.7 million which is up by 34.2% from a year e...
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In the first quarter of 2022 Azerbaijan purchased and sold $1.2 bln of cash currency. This is stated in the monetary policy review of the Central Bank of Azerbaijan.It is up by 12.5% from the same per...
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By the end of 2021 the liabilities of the Central Bank of Azerbaijan to credit organizations made up to 29.5% of all its liabilities - AZN 7,440 million. This is reported in the annual financial (audi...
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By the end of April 2022 the Azerbaijani banks employed 21,227 people. This is stated in the banking review of the Central Bank of Azerbaijan. It is up by 0.9% from the end of March, the document says...
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The Baku Stock Exchange (BSE) took part in the "Green Financial Event" organized by the Asian Development Bank dedicated to innovative and "green financial instruments". This was reported by the BSE.T...
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The Central Bank of Azerbaijan has cancelled the insurance agent licenses of 7 individuals. This was reported by the regulating organization.The report says that the licenses were annulled in accord w...
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An auction on placement of mortgage and credit guarantee fund's bonds with code AZ2060008680 ISA amounting to AZN 15 million with a circulation period of 9,000 days (about 25 years) will be held tomor...








