Finance - 2024
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The main reason for the sharp - 2.6 times as compared to the same period of 2023 - rise in foreign currency sold by the State Oil Fund (SOFAZ) in January-October 2024 is the needs of the state. Expert...
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The Central Bank of Azerbaijan has issued an official warning to the Baku Stock Exchange (BSE). This is reported on the CBA website.
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As of the end of June 2024, the 'Mortgage and Credit Guarantee Fund' had deposits in Azerbaijani banks in the amount of AZN 4.6 million. This is reported in the semi-annual financial statements of the...
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The Central Bank of Azerbaijan (CBA) has issued a licence for currency exchange activity (‘Exchange’) to 'Money Shop' company.
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As of the end of October 2024 Azerbaijan had a monetary base worth 20,474.9 million manats.
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A financial forum is planned to be held in Nakhchivan by this year's end. This is reported on the unified internet portal of public procurement.
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As of the end of September 2024, the average annual interest rate on consumer loans in Azerbaijan in the national and foreign currency was 24% and 7% respectively. This was reported by the Central Ban...







