Markets Review
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In April 2024, in Baku, the average price of a consumer basket (CB) for 30 types of basic food products of domestic production, compiled by the Turan agency, declined by 2%.
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In April 2024, the situation with accepting deposits in 8 banks in Azerbaijan changed. Banks have revised the percentage of deposits placed in manats and US dollars.
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In April 2024, the lending situation in 3 banks in Azerbaijan changed. Banks have revised the percentage of consumer and business loans in manats and US dollars.
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We present the ratings of commercial banks of Azerbaijan based on a comparison of financial indicators based on the results of the first quarter of 2023-2024 (annual dynamics). The ratings are compiled from financial statements (balance sheet, profit - loss, etc.) that banks post on their Internet pages.) and are developed using information that banks consider necessary for disclosure.
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