Central Bank
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.
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.
Azerbaijan Discusses Phased Integration of Fintech Companies into National Payment Infrastructure
The Central Bank of Azerbaijan is considering a model of indirect participation for payment organizations in the instant payment system AÖS to reduce risks and prepare for direct access to AZİPS.
Russia's External Debt Rises to $313.3 Billion in Q2
Russia's total external debt increased by 4.8% in Q2 2026, reaching $313.3 billion.
Sovcombank Sees No Default Risks for Marketplaces
Sovcombank assesses default risks for marketplaces and their sellers as low, despite recent drone attacks on logistics facilities.
Russia's Monetary Base Grows 0.74% in a Week
Russia's narrow monetary base reached 22,191.5 billion rubles as of August 7, up by 165.1 billion rubles over the week.
Azerbaijan Housing Prices Up 8.6% in Q2 2026
In Q2 2026, Azerbaijan's housing price index rose 8.6% year-on-year, according to the Central Bank.