News

The Mortgage and Credit Guarantee Fund (MCGF) has issued nearly 3.6 billion manat in mortgage loans to over 54,000 borrowers.
BAKU, Azerbaijan, July 25. The 14th Gabala International Music Festival was inaugurated with a grand opening ceremony on July ...
Kapital Bank generated the highest total income among Azerbaijani banks in the first half of the year, followed by the ...
Azerbaijan’s trade turnover with Russia rose sharply in the first half of 2025 to around $2.5 billion, marking a 16% increase ...
The European Bank for Reconstruction and Development (EBRD) will extend a sovereign loan to Kyrgyzstan for the construction ...
Gabil Suleymanov, Farhad Farhadov, Altay Abdullayev, Arastun Karimov, Rizvan Asadov, Rafig Pashayev, and Mehman Bayramov ...
As of late June 2025, the International Bank of Azerbaijan (ABB) led the local banking sector with a loan portfolio worth 6.6 ...
By the end of June, the International Bank of Azerbaijan (IBA) held the highest authorized capital among domestic banks, ...
As of July 1, 2025, 31.4 percent of the State Oil Fund of Azerbaijan’s (SOFAZ) investment portfolio was allocated to Europe, ...
Remittances between Azerbaijan and Russia declined sharply in both directions during the first quarter of 2025, with total transfers from Russia falling to $86 million and those from Azerbaijan ...
“The circulation of President Ilham Aliyev’s address by the UN Secretariat—highlighting his principled and consistent efforts ...
BAKU, Azerbaijan, July 24. International financial institutions have provided approximately 2.4 billion euros in 'green' ...