Deposit portfolio of banks has increased

The deposit portfolio of banks (excluding individuals engaged in entrepreneurship) grew by 1.3% (AZN 143.1 million) up to AZN 11.48 million.

Banks’ deposit portfolio grew by 2.7% in December

The Central Bank has published a report on financial and other indicators of banks for the past year.

Banks' loan portfolio grew more than by 17% last year

There were no significant changes in the dynamics of banks' loan portfolio in December

Credit investments in Azerbaijani economy grown much

Mastercard lost $30 million for suspension of operations in Russia

American financial corporation Mastercard has suffered annual losses of $30 million as a result of withdrawal from the Russian market and the sanctions.

Central Bank currency rates for 27 January

Azerbaijani manat rate has increased to the euro, while is stable to the US dollar, to the Turkish lira, and to the Russian ruble.

NBU has kept discount rate at 25%

Today, the National Bank of Ukraine (NBU) has decided to keep the discount rate at 25%

Banks did not submit bids for purchase of currency at auction 2nd time in a row

The Central Bank of Azerbaijan has held a currency auction with the participation of the State Oil Fund.

Czech Raiffeisenbank stops outgoing payments to Belarus and Russia

Raiffeisenbank in the Czech Republic stops making outgoing payments to Russia and Belarus from 15 February 2023.

IFC’s Support to Help Boost Financing for Smaller Businesses and Women Entrepreneurs at Bank Respublika