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Yelo Bank

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

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THE TIMELINE

Everything FinFly reported

11
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.

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.

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.

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.

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 · 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.

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.

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.

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.

Economy · July 15, 2026

Yelo Bank Extends First Loan Promotion

Yelo Bank has extended its first loan promotion until the end of July, offering a 1% discount and up to 50,000 AZN with 0% commission.

Economy · June 24, 2026

VTB (Azerbaijan) Announces New Appointments

Yusif Aliyev appointed head of small business client management, Rashad Aslanov named deputy head.