Azerbaijan Oil Fund’s draft budget 2018 to be submitted to country’s president

The Supervisory Board of the State Oil Fund of Azerbaijan (SOFAZ) has discussed the Fund’s draft budget for 2018

AGBank says of no financial, economic and legal grounds for its closure

The management of Azerbaijan’s AGBank has commented on the rumors related to the possible closure of their Bank.

Bank BTB has increased its authorized capital

Bank BTB has increased its equity capital by issuing shares of the Bank

US dollar rate to manat has fallen on Bloomberg terminal

The US dollar rate to manat has declined on the Bloomberg terminal.

Azerbaijan’s head endorsed State Budget 2018

President Ilham Aliyev has approved the State Budget of Azerbaijan for 2018

Euro to manat is AZN/EUR 2.0179

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

Azer Turk Bank supports charity event «Mocuze var»

State-owned Azer Turk bank in partnership with Heyat Fondu and Beat Group launched charity campaign “Mocuze Var” in Baku from December 23.

Money transfer system MoneyPolo banned in Azerbaijan

The Financial Markets Supervision Chamber (FIMSA) has suspended activity of money transfer system MoneyPolo in Azerbaijan

US dollar rate to Azerbaijani manat to keep at AZN 1.7001 on Tuesday

The Central Bank of Azerbaijan (CBA) announced the exchange rate of US dollar for tomorrow

Deposit Insurance Fund: We have enough money to compensate liquidated Demirbank’s deposits

he Azerbaijan Deposit Insurance Fund (ADIF) has stated about its sufficient finances for compensation of payment of the deposits of Demirbank, closed recently in accord with the relevant order of the Financial Markets Supervision Chamber (Azeri acronym: FIMSA).

Demirbank excluded from Deposit Insurance Fund’s member banks register and its certificate revoked

Buying price of US dollar on black market continues rising

An increase of the purchasing price of the US dollar has been registered on the black foreign exchange market

Euro to manat is AZN/EUR 2.0158

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

VTB Azerbaijan shareholders to gather for extraordinary general meeting

An extraordinary general meeting of VTB Azerbaijan shareholders will be held on February 7, 2018

Share of problem loans in Azerbaijan reached 15.5%

The aggregate loan portfolio of the banks and non-bank credit organizations in Azerbaijan totaled AZN 12,152.2 mln as of November 1