Central Banks of Azerbaijan and China discuss cooperation
The Governors of the Central Banks of Azerbaijan and China have met in Beijing to discuss expanding bilateral cooperation between their institutions.
Central Bank of Azerbaijan
Baku and Beijing deepen financial cooperation
Azerbaijan and China have held discussions on expanding cooperation in the financial sector, Governor of the Central Bank of Azerbaijan Taleh Kazimov said.
Central Bank of Azerbaijan: Russia one of main trading partners
The cooling in relations between Moscow and Baku has not affected the trade volume between the two countries, Chairman of the Central Bank of Azerbaijan Talekh Kyazimov said.
Azerbaijan's remittances to Kazakhstan reach $8.5mln in 2024
Remittances sent by individuals from Azerbaijan to Kazakhstan amounted to $8.58 million in 2024, according to the Central Bank of Azerbaijan/ This figure grew by 14% compared to 2023. The volume of money remittances of …
How much Türkiye invested in Azerbaijani economy
In 2024, Azerbaijan invested almost $249 mln
Money transfers from Russia to Azerbaijan reach $497 million in 2024
The Russian Central Bank has reported on money transfers to Azerbaijan from other countries last year, with Russia took first place, sending $497 million to the country.
National Bank of Georgia assesses strengthening cooperation with Azerbaijan
The National Banks of Azerbaijan and Georgia will enhance cooperation by bringing their banking payment systems closer together. This is envisaged by the memorandum of understanding signed by the heads of both regulators.
Azerbaijan and Kazakhstan discuss monetary management
The central banks of Azerbaijan and Kazakhstan have discussed communication field experience. "A delegation from the Central Bank of the Republic of Azerbaijan took part in a two-day program focused on communication …
Azerbaijani Central Bank keeps refinancing rate unchanged
The Central Bank of Azerbaijan made a decision to leave the refinancing rate unchanged at the level of 7.25%. According to …
Russia becomes leader in money transfers to Azerbaijan
Since the beginning of the year, Russia has transferred $287 million to Azerbaijan. The volume of transfers to Azerbaijan from abroad decreased by 36.35% and amounted to $567.8 million.
Azerbaijan's foreign exchange reserves exceed $66 bln
Azerbaijan's strategic foreign exchange reserves have grown by 17% and will amount to $66.5 billion by the end of 2023, governor of the Azerbaijani Central …
Azerbaijan lowers refinancing rate
The Central Bank of Azerbaijan lowered the discount rate today from 8% to 7.75% According to the bank, the top limit of the interest rate …
Central Bank of Azerbaijan lowers interest rate
Azerbaijan's Central Bank (CBA) has lowered the benchmark interest rate from 8.5% to 8%. According to the CBA …
Azerbaijan discusses cooperation with World Bank
Chairman of the Central Bank of Azerbaijan talked with the World Bank's new manager. One of the main topics of the meeting was the cooperation for the next 5 years.
Azerbaijan may introduce digital manat
The Central Bank of Azerbaijan (CBA) has all the resources and opportunities to introduce digital manat, the CBA governor Taleh Kazimov said during a press …
Azerbaijan's Central Bank keeps discount rate
The Central Bank of Azerbaijan (CBA) has left its discount rate at 9%, the regulator said in a statement. "The lower and …
Azerbaijan to put new manat banknotes into circulation by autumn
New banknotes of one manat will be put into circulation from August or September this year, Governor of the Central Bank of Azerbaijan Taleh Kazimov …
Russia increased money transfers to Azerbaijan
Baku reported that there had been a high growth in money transfers of individuals to Azerbaijan from Russia. The amount of transfers for the three months of this year amounted to over 300 million euros.
License of one of Azerbaijani oldest banks revoked
The license of Azerbaijan's Gunay Bank OJSC has been revoked, according to the Central Bank of Azerbaijan. By the decision of the Board of Directors of Azerbaijan's Central Bank on May 16, 2023, the license of Gunay Bank …
Azerbaijani Central Bank’s foreign exchange reserves revealed
The foreign exchange reserves of the Azerbaijani Central Bank amount to over $9.1 bln, the monetary base is almost $17.6 bln, Governor of the Central Bank of Azerbaijan Taleh Kazimov said. According to him, the macroeconomic indicators …
