central bank
Azerbaijan’s central bank sees 2.3% growth in 2027; ministry expects 2.7%
Both institutions expect growth to accelerate next year, but their estimates for total GDP differ by 0.4 percentage points.
Yelo Bank and Expressbank: complaint shares far exceed customer shares
Yelo Bank’s share of complaints was 3.49 times its share of the measured customer base; Expressbank’s was 2.44 times. What the September central bank index shows.
Azerbaijan Finalizes Methodology on Crypto Assets
The crypto assets document is in the final stage of coordination with government agencies and may be submitted to parliament for discussion before the end of the year.
Azerbaijan's Central Bank Eases Criteria for Assessing Financial Difficulties on Daily Microcredits
Overdue payments exceeding 90 days on daily microcredits will no longer be assessed under the 20% criterion when determining a borrower's financial difficulties. The decision was signed by Central Bank Chairman Taleh Kazimov.
Russia's Weekly Inflation Accelerates to 0.96% on Utility Tariff Indexation
Inflation in Russia from September 29 to October 5 reached 0.96%, up from 0.12% a week earlier. The acceleration was driven by the indexation of utility tariffs from October 1.
Azerbaijan to Tighten Rules for Remote Consumer Lending from October 1
Azerbaijan's Central Bank introduces new requirements for banks and NBCOs: clients can prohibit remote loan issuance, and funds will be disbursed with a delay.
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.
Overdue Loans in Azerbaijan Up 36% Year-on-Year
As of September 1, 2026, overdue loans in Azerbaijan totaled 721.8 million manats, up 36% from a year earlier. Since the start of the year, the increase was 37.6%.
Azerbaijan Sees Card Growth Resume After Card-to-Card Limit
By the end of August, the country had 22,974,000 payment cards, up 0.8% from July. However, cashless transaction volume fell 8.5%.
Azerbaijan's Mortgage and Credit Guarantee Fund cuts lending by 13.7%
In January–August 2024, Azerbaijan's Mortgage and Credit Guarantee Fund issued 262.9 million manats in loans, down 13.7% year-on-year. Refinanced loan volumes also declined.
Azerbaijan's Insurance Market Grows 6.4% in Eight Months
In January-August 2026, Azerbaijani insurance companies collected 1.116 billion manats in premiums, with payouts rising 28.1%.
Central Bank Plans to Open Digital Ruble Accounts for Teenagers from Age 14
Digital ruble accounts are currently available to citizens aged 18 and over. The regulator is working to expand the age category to teenagers aged 14 to 18.
Azerbaijan's Net External Financial Assets Rise by $3.3 Billion in Six Months
Azerbaijan's Central Bank reported that in the first half of 2026, the country's net external financial assets increased by $3.3 billion, driven mainly by direct investment abroad.
Russia's Inflation Accelerates to 6.33% in August
Annual inflation rose to 6.33% in August from 5.98% in July, while consumer prices fell 0.08% month-on-month. The central bank kept its key rate at 14%.
Iran's Central Bank Chief Denies Rumors of Economic Collapse
Abdolnaser Hemmati stated that Iran's economy is not on the brink of collapse and that reserves are sufficient. The Central Bank is ready to allocate $2 billion to the foreign exchange market.
Azerbaijan's Central Bank Fines Embafinans and Caspian Invest for Violations
The Central Bank of Azerbaijan has brought two non-bank credit organizations to administrative responsibility for violations of anti-money laundering and counter-terrorist financing legislation.
Azerbaijan's Credit Investments in Economy Up 12.9% Year-on-Year
According to the Central Bank of Azerbaijan, credit investments in the country's economy reached 34.2 billion manats as of August 1, up 12.9% year-on-year.
CEO of Azerbaijan's Central Bank Leaves Post
Vugar Ahmadov, who had served as CEO of the Central Bank of Azerbaijan since 2017, has left his position. The number of CEOs at the Central Bank has decreased from ten to nine.
Central Bank of Azerbaijan Discusses AI Adoption with Insurance and Capital Market Participants
The Central Bank of Azerbaijan held a roundtable on digital transformation and the adoption of artificial intelligence in the financial sector.
Weekly inflation in Russia slows to 0.01% after three weeks of deflation
From August 18 to 24, consumer prices in Russia rose by 0.01% after three weeks of decline, according to Rosstat. Annual inflation slowed to 6.08%.
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.
Number of Payment Cards in Azerbaijan Reaches 22.8 Million
According to the Central Bank of Azerbaijan, the number of payment cards in circulation grew by 8.9% year-on-year, while the volume of cashless transactions increased by 13.9%.
Nominal Effective Exchange Rate of Manat Rises to 104.9 Points
According to the Central Bank of Azerbaijan, the nominal effective exchange rate of the manat stood at 104.9 points as of August 1, up 1.4 points month-on-month and 3.1 points year-on-year.
Azerbaijan's Insurance Market Grows 7.3% in Seven Months
In January-July, Azerbaijani insurance companies collected premiums of 1.006 billion manats, up 7.3% year-on-year.