Finance - 2022
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The Central Bank of Azerbaijan cancelled the license of "Goshgar Credit Union". This was announced by the regulator.Thus, the number of licensed credit unions in the country dropped from 42 to 41, the...
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The National Deposit Centre (NDC) paid AZN 71.7 million and $1.4 million to 851 investors in May. This is reported by the NDC. This amount was paid by bonds of the Ministry of Finance, State Oil Compa...
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Investment company "Azfinance" has announced its financial performance for year 2021.Last year the company gained a net profit of AZN 0.9 million which is up by 2.8 times from a year earlier.In the re...
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Non-bank credit organization Finex Credit (NPO) has announced its financial performance for 2021.Last year the credit organization suffered a loss of AZN 0.3 million (previous year ended with a net pr...
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Today the Central Bank of Azerbaijan (CBA) held a regular currency auction with the participation of the State Oil Fund. This is reported by the CBA.The demand at the auction amounted to $56.4 million...
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There were 2,933 ATMs in Azerbaijan by the end of April 2022.According to the statistical bulletin published by the Central Bank of Azerbaijan, this is up by 5.9% from the end of April 2021.Added to t...
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Rabitabank has published its financial (audit) report for 2021.The document says that the shareholder structure of the bank has changed. Thus, Valida Abbasova, who controls 30% of shares of Rabitabank...
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The Central Bank of Azerbaijan has announced the size of the monetary base by the end of April 2022. This index amounted to 14,883.6 million manats which is up by 2.2% from the end of March.Note that...
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The Central Bank of Azerbaijan announced an amount of currency reserves for the end of April 2022. This figure made up $7,230.7 million which is up by 2% from the end of March.The CBA currency reserve...
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An auction to place unsecured book-entry bonds of the International Bank of Azerbaijan (IBA), code AZ2001004582, par value AZN 20 million with a 2-year circulation term, was held at the Baku Stock Exc...









