Finance - 2025
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From 15 January the State Oil Company (SOCAR) will issue ‘Green Bonds’.This is reported by SOCAR.
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On January 10, President Ilham Aliyev signed an order to dismiss Finance Minister Samir Sharifov. He had held this position since 2006.
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The Central Bank of Azerbaijan (CBA) has changed the ‘Procedure for purchase and sale of foreign currency between the Central Bank and banks’, which it approved on 15 November 2022.
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In 2024, the economic growth in Azerbaijan made up 4.6%; it is expected that in 2025-2026 this index will make up an average of 3%.This is stated in the UN report ‘World economic situation and prospec...
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In 2024, total turnover of 12 investment companies-members of ‘Baku Stock Exchange’ (BSE) was about AZN 105.3 billion.This is reported by the BSE.
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‘Kapitalbank’ has performed 7 bond issues totalling $ 145 million and AZN 100 million in 2024.This is stated in the bank's report.
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‘Gala Insurance’ company has won an open tender for voluntary medical insurance of employees of the State Oil Fund (SOFAZ) in 2025.This is reported on the unified Internet portal of state procurement.
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As of the end of 2024 in Azerbaijan there were 6 companies providing currency exchange services (‘Exchange’).This is reported on the website of the Central Bank of Azerbaijan.








