Banking Sector
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The Central Bank of Azerbaijan (CBA) has adopted a framework for prudential regulation of lending based on behavioural models.This is reported on the website of the structure.
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The Central Bank of Azerbaijan (CBA) made a decision to set an additional countercyclical capital buffer in the amount of 0.5% from the total capital of the country's banks and 'Tier 1' capital and to...
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Representatives of the risk management and the strategy and project management departments of the Central Bank of Azerbaijan visited the United Arab Emirates (UAE) and held meetings at the country's C...
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Azerbaijan, despite its larger natural and labor resources, is trailing behind its smaller neighbors Georgia and Armenia in banking sector development, according to Samir Aliyev, head of the Union for...
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As Azerbaijan navigates a challenging economic transition, the banking sector's stability and strategic changes are drawing significant attention. The first half of 2024 has seen notable developments,...
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As of the end of April 2024, the Azerbaijani banks owed 47.1 million manat to the Central Bank. This is stated in the banking review published by the regulator.
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The Azerbaijani banking sector exhibited robust growth in the first quarter of 2024, with assets increasing by 9.1% compared to the same period last year, reaching a total of 48.91 billion manats, acc...