Tag Archives: central bank of Azerbaijan

The Central Bank of Azerbaijan (CBA) will hold a deposit auction on July 13, Trend reports referring to CBA. During the auction, the Central Bank plans to raise 150 million manat ($88 million). The amount may increase from that set for the auction by no more than 20 percent. The auction will …

The coronavirus pandemic (COVID-19) has continued to negatively affect the domestic economic activity of Azerbaijan since May, Trend reports with reference to the Central Bank of Azerbaijan (CBA). However, the statistics show that the government responds well to the external shocks, said the CBA. Monitoring of real sector enterprises by the CBA …

Maintaining stability of prices and keeping inflation at 4 percent (±2 percent) will be the ultimate goal of the monetary policy of the Central Bank of Azerbaijan (CBA) in 2019, Chairman of the CBA Elman Rustamov said at an expanded meeting of the bank’s board Jan. 26, Trend reports. He …

An auction for placement of 300 million manats worth short-term notes of Azerbaijan’s Central Bank will be held at the Baku Stock Exchange (BSE) on Dec. 26, Trend reports referring to the BSE. Three million notes at a par value of 100 manats each and maturity period of 28 days …

How to strengthen the system and not to lose customers. The process of economic reform launched in Azerbaijan has the most noticeable impact on the financial and banking sector today. In recent years, the Central Bank has influenced the quality of the banking market by a fivefold increase in the …