Markets Review
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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%.
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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.
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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.
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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.
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