News

By the end of June, the International Bank of Azerbaijan (IBA) held the highest authorized capital among domestic banks, ...
From January to June 2025, ABB posted the highest net profit among Azerbaijani banks at 155.47 million manat ($91.45 million). Kapital Bank and PASHA Bank followed with 153.9 million manat ($90.5 ...
Gabil Suleymanov, Farhad Farhadov, Altay Abdullayev, Arastun Karimov, Rizvan Asadov, Rafig Pashayev, and Mehman Bayramov ...
As of July 1, 2025, 31.4 percent of the State Oil Fund of Azerbaijan’s (SOFAZ) investment portfolio was allocated to Europe, ...
By the end of June, the International Bank of Azerbaijan (ABB) held the largest deposit portfolio in the country, totaling more than 9 billion manat. In contrast, the Baku branch of Bank Melli Iran ...
As of late June 2025, the International Bank of Azerbaijan (ABB) led the local banking sector with a loan portfolio worth 6.6 ...
The State Oil Fund of Azerbaijan (SOFAZ) has significantly increased its investments in bonds rated “AA,” “A,” and “BBB,” ...
“The circulation of President Ilham Aliyev’s address by the UN Secretariat—highlighting his principled and consistent efforts ...
The date of the next public hearing on the criminal case against citizens of the Republic of Armenia Arayik Harutyunyan, Arkady Ghukasyan, Bako Sahakyan, David Ishkhanyan, David Babayan, Levon ...
BAKU, Azerbaijan, July 24. International financial institutions have provided approximately 2.4 billion euros in 'green' ...
More than 60 victims, whose houses were destroyed, who were injured, captured and held hostage, testified at an open court ...
Gas consumption in Iran exceeded 4.3 billion cubic meters over the past week, driven primarily by power plants and residential use. With 22 active gas fields, the country currently extracts around ...