Markets Review

In October 2024, the construction materials market in Baku experienced a significant price increase, averaging 5% compared to the previous month. This sharp rise contrasts with the modest 0.9% growth...

In October 2024, the average price of the consumer basket (CB) in Baku, which includes 30 essential food items of domestic production, compiled by Turan Agency, increased by 0.8%.

In October 2024, the situation with accepting deposits in 7 banks changed in Azerbaijan. Banks have revised the percentage of deposits placed in Azerbaijani manats and US dollars.

In October 2024, the situation with lending in 4 banks changed in Azerbaijan. Banks have revised the percentage of consumer and business loans in Azerbaijani manats.

We present the rankings of commercial banks in Azerbaijan based on a comparison of financial performance for the third quarters of 2023 and 2024 (year-over-year dynamics). The rankings are compiled us...

Here are the rankings of commercial banks in Azerbaijan based on financial performance for the third quarter of 2024. The rankings are compiled using the financial reports that banks publish on their...

In September 2024, the prices of building materials in Baku saw a moderate increase of 0.9% compared to the previous month. While most items showed stable prices, certain categories such as rebar, tim...

In the first nine months of 2024, food prices in Baku rose by 5%, indicating inflationary pressure in Azerbaijan’s domestic market. An analysis of a consumer basket composed of 30 basic food items by...

In September 2024, the average price of the consumer basket (CB) for 30 types of basic domestically produced food products in Baku, as compiled by Turan agency, increased by 2%.

In September 2024, the lending situation changed in three banks in Azerbaijan. These banks adjusted their interest rates for consumer loans in manats. Specifically: The annual interest rate for cash l...

In September 2024, the situation regarding deposit acceptance changed in nine banks in Azerbaijan. The interest rates for deposits in both manat and US dollars increased. For example, the annual inter...

In August 2024 in Baku, average prices of the consumer basket (CB) for 30 types of basic food products of domestic production, compiled by Turan agency, rose by 0.6%.

In August 2024, the situation with lending in 4 banks changed in Azerbaijan. Banks have revised interest rates on consumer loans in manats. Thus, Bank Avrasiya has increased the annual interest rate o...

In August 2024, the situation regarding deposit acceptance changed in one bank in Azerbaijan. Specifically, Access Bank increased its annual interest rate on classic deposits in manat from 9-9.5% to 9...

In July, prices for construction materials in Baku rose by an average of 2%.

In July 2024, in Baku, the average price of the consumer basket (CB) for 30 types of basic food products of domestic production, compiled by the Turan agency, increased by 2%. In June, the average CB...