AZERBAIJAN"S FURNITURE MARKET SELLS 35,000 SETS ANNUALLY (#245)

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 using the financial reports that banks publish on their websites.