ING predicts that Central Bank to lower its interest rate in March

11:53 - 7.02.2025


February 7, Fineko/abc.az. Dutch international banking and financial services corporation ING (Internationale Nederlanden Groep) has predicted that the Central Bank of Azerbaijan (CBA) will raise its interest rate in March.

ABC.AZ reports that ING Group has raised its forecast for the CBA’s interest rate from 7.25% to 7.50% from the first quarter of this year to the third quarter of 2026. The corporation has raised its forecast for the interest rate for the third quarter of 2026 from 7.50% to 7.75%, and for the fourth quarter from 7.75% to 8.00%.

The CBA has been keeping the interest rate stable at 7.25% since May 2024. The Central Bank will announce its next decision on the interest rate on March 12, 2025.