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Yelo Bank

An Azerbaijani bank offering products for consumers and small businesses, including mobile banking.

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KEY FACTS

Sector: Banking
Materials on FinFly: 15
Covered since: June 24, 2026
Latest story: September 18, 2026
Official source: www.yelo.az/en

THE TIMELINE

Everything FinFly reported

In headline / lead

Economy · September 18, 2026

Yelo Bank Launches Fully Online Loan for Small and Medium Businesses

Yelo Bank offers SMEs online loans from 30,000 to 300,000 AZN for up to 60 months with rates starting at 14% per annum. The entire process—from application to contract signing—is remote.

In headline / lead

Economy · August 19, 2026

Yelo Bank Offers Online Deposit-Backed Loans

Yelo Bank has launched a deposit-backed lending service available in the Yelo mobile app around the clock. Clients can get up to 50,000 AZN while keeping their deposit income.

In headline / lead

Economy · August 14, 2026

Yelo Bank Offers Microcredits up to 100,000 AZN for Individual Entrepreneurs

Yelo Bank expands micro-business financing options, offering microcredits up to 100,000 AZN from 10% per annum with a grace period of up to 12 months.

In headline / lead

Economy · August 12, 2026

Yelo Bank Offers Cash Loans up to 50,000 Manats

Yelo Bank has announced cash loans up to 50,000 manats at an annual rate from 8.9%, with special offers valid until the end of August.

In headline / lead

Economy · August 7, 2026

Yelo Bank Extends Promo on First Cash Loan Until August 31, 2026

Yelo Bank extends special offer for new clients: 1% discount on first cash loan and 0% commission until August 31, 2026.

Mentioned in body

Economy · August 6, 2026

Central Bank of Azerbaijan Comments on Suspension of Transfers via Golden Crown

The Central Bank of Azerbaijan stated it does not interfere in relations between banks and payment systems; decisions to suspend transfers are made by banks independently.

In headline / lead

Economy · August 4, 2026

Yelo Bank Extends Summer Promotion on Installment Card

Yelo Bank extends its summer promotion on the Yelo installment card until August 14, expanding terms: fee-free cash withdrawals at all Azerpoçt ATMs and branches, and free card-to-card transfers up to 3,000 manats.

In headline / lead

Economy · August 3, 2026

Yelo Bank Launches Online Tender Guarantees Without Collateral

Yelo Bank now allows legal entities and individual entrepreneurs to obtain tender guarantees up to 5,000 manats fully online, without collateral or property valuation.

Mentioned in body

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.

In headline / lead

Economy · July 29, 2026

High Annual Income with Yelo Deposit

Yelo Bank has increased interest rates on its Yelo Stable deposit, offering up to 11.5% annual income on 18-month manat deposits.

In headline / lead

Economy · July 20, 2026

Yelo Bank Launches Summer Promotion: Free Cash Withdrawals on Taxit Card

Until July 31, holders of Yelo's Taxit card can withdraw cash at ATMs and bank branches without commission. New customers also receive a 'Welcome' cashback.

In headline / lead

Economy · July 18, 2026

Yelo Bank Launches Fully Online Unsecured Business Loans Up to 300,000 Manats

Yelo Bank introduces a new fully online, collateral-free lending service for small and medium businesses, offering loans from 30,000 to 300,000 manats with a grace period of up to 24 months.

In headline / lead

Economy · July 15, 2026

How Did Yelo Bank Perform in the First Half of the Year?

Yelo Bank announced its financial results for the first half (January-June) of 2026. The bank significantly strengthened its capital position and maintained high growth in core operating income.

In headline / lead

Economy · July 15, 2026