The situation with lending in Azerbaijani banks

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.

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.

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 websites.

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, timber, and glass experienced slight price fluctuations.