assets
Xalq Bank Reports Q3 2026 Financial Results
Xalq Bank's assets reached 2.828 billion manats, loan portfolio grew to 1.98 billion manats, and net profit amounted to 24 million manats.
Azerbaijan's Industrial Bank Reports 5.3% Profit Increase for 9 Months
Azerbaijan Industrial Bank's net profit for January-September 2026 reached 5.427 million manats, up 5.3% year-on-year.
Baku Branch of Iran's National Bank Reports 28.2% Profit Decline
For January-September, the branch's profit amounted to 3.144 million manats, 28.2% less than a year earlier. Assets declined by 5.8%, but the loan portfolio grew by 25.4%.
Azerbaijan's Banking Sector Assets Up 12.2% Year-on-Year
As of September 1, the assets of Azerbaijan's banking sector reached 62.476 billion manats, up 12.2% year-on-year. The CBA reported on reforms to strengthen the financial system.
Azerbaijan's Banking Sector Assets Up 12.2%
As of September 1, the assets of Azerbaijani banks reached 62.5 billion manats, up 12.2% year-on-year. The loan portfolio and deposits also showed growth.
Audi Considers Sale of Ducati
Audi CEO Gernot Döllner has announced the possible sale of motorcycle manufacturer Ducati as part of Volkswagen Group's asset evaluation.
Azerbaijani Banks' Net Foreign Assets Rise to 32.1 Billion Manats
According to CBA data, net foreign assets of Azerbaijani banks reached 32.1 billion manats as of August 1, 2026, up 2.5% month-on-month.
Azerbaijan's Banking Assets Grow 9.5% Year-on-Year
Azerbaijan's banking sector assets reached 60.98 billion manats as of August 1, up 9.5% year-on-year.
Iran Accuses US of Failing to Meet Terms of Asset Unfreezing Deal
Iran's Central Bank said the US has not unfrozen Iranian assets, violating the terms of a bilateral agreement.
VTB (Azerbaijan) Posts Decline in Profit and Deposits in First Half
VTB (Azerbaijan) reported a net profit of 5.826 million manats for the first half of 2024, down from 6.319 million manats a year earlier.
Deposit Portfolio of VTB Azerbaijan Shrinks by 13%
Net profit of Bank VTB Azerbaijan in the first half of 2026 amounted to 5.826 million manats, down 7.8% year-on-year.
AFB Bank Profit Falls Nearly 12-Fold
AFB Bank's profit in the first half of 2026 dropped 11.5 times to 237,000 manats, while assets grew 72%.
US Offers Iran to Drop Strait of Hormuz Fee in Exchange for Unfreezing Assets
The US and Oman seek ways to persuade Iran to abandon plans to charge ships for passage through the Strait of Hormuz.