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ABB

An Azerbaijani universal bank providing retail, corporate and digital financial services.

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THE TIMELINE

Everything FinFly reported

8
Economy · August 7, 2026

Fitch Upgrades ABB Bank's Ratings to BB+

International agency Fitch has upgraded ABB Bank's long-term issuer default rating from BB to BB+, with a stable outlook.

Economy · August 1, 2026

Azerbaijan's Consumer Credit Limit Reaches 250,000 AZN

Azerbaijani banks are increasing consumer credit limits to 250,000 AZN, targeting high-income clients. The market shows steady growth.

Economy · August 1, 2026

Central Bank of Azerbaijan Revokes Bank BTB License, Transforms It into Non-Bank Credit Organization T-Kredit

The Central Bank of Azerbaijan has revoked the banking license of Bank BTB and issued a license to its successor, the non-bank credit organization T-Kredit.

Economy · July 22, 2026

ABB Bank Customers Report Failures in Transfers and Top-Ups via Apple Pay

ABB Bank customers are reporting widespread failures when topping up cards and making transfers via Apple Pay: funds are debited but transactions are not completed. The bank confirms technical issues and promises refunds.

Economy · July 21, 2026

Net Profit of Azerbaijani Banks Rises 26% in Q2 2026

The total net profit of 21 banks in Azerbaijan reached 728.8 million manats in the second quarter of 2026, up 26% year-on-year.

Economy · July 18, 2026

Euromoney Names ABB Bank 'Best Bank of the Year'

Global financial magazine Euromoney has named ABB Bank 'Best Bank of the Year' in Azerbaijan. The decision was announced on July 16, 2026 in London at the Awards for Excellence ceremony.

Economy · July 9, 2026

ABB Launches Next Stage of Bond Issuance

On July 10, 2026, the International Bank of Azerbaijan (ABB) launches the next stage of bond issuance, presenting the 7th issue of bonds with a total volume of 5,000,000 AZN.

IT · June 24, 2026

ABB Customers See Duplicate Charges Due to Technical Glitch

International Bank of Azerbaijan (ABB) has informed customers about a technical issue causing duplicate transactions on their cards.