Deposits at banks grew on a monthly basis and reduced on an annual basis

The Central Bank of Azerbaijan has published the number of population’s deposits at the domestic banks as of 1 September 2020

Banks` loan portfolio has grown to about AZN 100 million

As of 1 September the banks` loan portfolio totaled AZN 14.304 bn

ADIF paid over AZN 534 million to depositors of closed banks

As of 24 September the Azerbaijan Deposit Insurance Fund paid more than AZN 534.43 million to 22,604 depositors of AG Bank, Amrah Bank, NBC Bank and Ata Bank.

Turkish lira rises in price – affected by rate increase

The Central Bank of Turkey raised the rate at the meeting on 24 September by 2 percentage points from 8.25% up to 10.25%

Gold has fallen and silver grown in price a little

Exchange rate of Azerbaijani manat for 25 September

Euro rate has increased to the Azerbaijani manat, while the US dollar and the Russian ruble have kept their rates

Precious metal ore production increased over last 8 months

Azerbaijan has recorded an increase of 7.1% in the production of precious metal ores and concentrates, which are the main types of mining products for Jan-Aug 2020.

MP: Banks give loans most of all in Baku

Central Bank of Turkey to publish a decision on interest rates

The Central Bank of Turkey will publish the interest rate decision

Central Bank sold $70.7 million to banks at currency auction

As a result of the auction, the weighted average exchange rate of the manat to the US dollar was AZN 1.70

Gold falls in price by $7.80 and silver by $0.83

The prices for gold and silver sold on the world exchanges have been announced

Exchange rate of Azerbaijani manat for 24 September

The Central Bank of Azerbaijan has announced the exchange rate of the manat to foreign currencies for 24 September

Euro/manat exchange rate has decreased

The official exchange rate of the euro to the manat has been announced on 23 September.

Pessimistic forecast: About 100 banks may be closed in Russia

About 100 banks may be closed in Russia over the next three years

Number of bank accounts at NAR banks reached 89,000

As of 1 September 2020 the number of bank accounts in the banks of the Nakhchivan Autonomous Republic reached 89,706