CBA
Azerbaijan's Banking Sector Profit Rises 22.65%
In January-August 2026, the net profit of Azerbaijan's banking sector reached 949.7 million manats, up 22.65% year-on-year.
Azerbaijan's Cash Currency Demand Exceeds Supply by $673 Million
The Central Bank of Azerbaijan reported that in January-August 2026, cash foreign currency purchases exceeded sales by $673 million. The regulator's foreign exchange reserves grew by 32.9% to $15.3 billion.
Azerbaijan's Remittance Balance Up 74.1%
In January–August 2026, Azerbaijan's remittance balance reached $751 million, up 74.1% year-on-year. The Central Bank of Azerbaijan (CBA) may raise its current account surplus forecast.
Remittances to Azerbaijan up 40% in first half of 2026
Incoming remittances to Azerbaijan rose 40% in the first half of 2026 to $748.464 million, with the bulk coming from Russia, Turkey, the US, Ireland and Georgia.
Azerbaijan's Reserve Assets Rise by $1.4 Billion in First Half of 2026
The Central Bank of Azerbaijan reported a $1.4 billion increase in realized reserve assets in the first half of 2026, with significant dynamics in capital flows and investments.
Gold and Platinum Group Metal Prices in Azerbaijan Decline Over the Week
From September 7 to 11, gold fell 1.5%, palladium 7.3%, silver 3.3%, and platinum 1%. Average weekly prices showed mixed dynamics.
Azerbaijan's Central Bank and World Bank Discuss Cooperation and Technical Assistance Projects
CBA Chairman Taleh Kazimov met with a World Bank delegation led by Regional Director for the South Caucasus Roland Price. They discussed current cooperation, investment projects and prospects.
Azerbaijan's Central Bank Buys $1.5 Billion on Forex Market in August
The Central Bank of Azerbaijan conducted forex interventions totaling $1.5 billion in August, boosting reserves to a historic high of $15.3 billion.
Central Bank of Azerbaijan Develops Index for Early Forecasting of Food Inflation
A study by the Central Bank of Azerbaijan shows that a new index of imported food prices can signal changes in consumer prices two months in advance.
Volume of CBA notes exceeds 1.5 billion manats for first time in 10 months
The value of Central Bank of Azerbaijan notes in circulation exceeded 1.5 billion manats for the first time since October 2023.
CBA Adds Two More Foreign Companies to Insurance Broker Register
The Central Bank of Azerbaijan has expanded the register of foreign insurers, adding a Kazakh and an Emirati company. The register now includes 103 foreign brokers.
Azerbaijan Banks' Deposit Portfolio Grows to AZN 44.5 Billion
According to the Central Bank of Azerbaijan, the deposit portfolio of Azerbaijani banks stood at AZN 44.5 billion as of August 1, up 6.5% year-on-year.
Gold Prices in Azerbaijan Fall 1.2% Over Week
The average price of a troy ounce of gold in Azerbaijan rose 4.3% over the week, but fell 1.2% from August 24 to 28.
Manat-Dollar Rate Stable in Week of August 24-28
The average weighted exchange rate of the Azerbaijani manat to the US dollar remained unchanged at 1.7000 manat. Rates to the euro, ruble, and lira slightly decreased.
MasterCard Transaction Volume in Azerbaijan Drops 8.2%
The Central Bank of Azerbaijan released July data on MasterCard transactions: the number of operations rose by 6.2%, while the volume fell by 8.2%.
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 Visa card transaction volume up 17.5% in July
In July 2024, the number of Visa card transactions in Azerbaijan increased by 39.4% and the volume of operations by 17.5% compared to the same period last year.
Azerbaijani Banks' Net Profit Up 26%
According to the Central Bank of Azerbaijan, the banking sector's net profit for 7 months of 2024 amounted to 858.7 million manats, up 26% year-on-year.
Azerbaijan's M3 Money Supply Up 13.1% Year-on-Year
As of August 1, 2026, Azerbaijan's M3 money supply reached 53.925 billion manats, up 13.1% compared to the same period in 2025.
Manat Exchange Rates to World Currencies for August 24
The Central Bank of Azerbaijan published official exchange rates for August 24. The dollar remained at 1.7 manats, while the euro rose to 1.986 manats.
Gold, Silver, Platinum and Palladium Prices Rise in Azerbaijan Over the Week
From August 17 to 21, prices for gold, silver, platinum and palladium increased in Azerbaijan. The average price of gold was 7535.54 manats per ounce, silver — 112.06 manats, platinum — 3024.44 manats, palladium — 2251.02 manats.
Manat Exchange Rate Stable Against Dollar in Week of August 17-21
The weighted average exchange rate of the Azerbaijani manat to the US dollar remained unchanged at 1.7000 manats. Meanwhile, the manat strengthened against the euro and the ruble, but slightly weakened against the Turkish lira.
CBA Warns Against Illegal Investment Platforms
The Central Bank of Azerbaijan has identified cases of foreign investment platforms being promoted and attracting residents, which violates the law.
Manat Exchange Rates to World Currencies for August 20
The Central Bank of Azerbaijan published official exchange rates for August 20: the dollar remained at 1.7 manats, the euro at 1.9845, the Turkish lira at 0.0355, and 100 Russian rubles at 2.0257.