Will Bank Melli Iran close in Azerbaijan?

The Central Bank of Azerbaijan has not received an appeal in connection with the liquidation of the license of Iranian bank Bank Melli Iran.

CBA: Azerbaijani banks can direct AZN 5 bn of additional finances to real sector

Azerbaijani banks can direct additional AZN 5 bn ($2.9 bn) to the real sector.

Taleh Kazimov: Construction of new administrative building of Central Bank never stopped

The construction of the new administrative building of the Central Bank has never stopped, construction work on the project continues.

Central Bank created interbank organized foreign exchange market in country

For the first time in Azerbaijan, the Central Bank has created an interbank organized foreign exchange market.

Taxation of interests on deposits not to have significant impact on financial markets

Will deposits interests be changed after taxation?

We expect banks to reflect tax expenses in interests of deposits.

Will loan interests be increased?

We expect banks to reflect tax expenses in interests of deposits.

Foreigners made bank card transactions for AZN 2.2 bn

CBA: Situation with COVID-19 makes external environment of inflation very volatile

The Central Bank has issued a statement on some indicators.

CBA: Stabilization of world energy and food prices reduces inflation

Under the conditions of stabilization of world prices for energy and food, starting from the 4th quarter of 2022, inflation in the trading partner countries began to gradually decrease.