#banks
Latest news and interesting information about banks.
Expressbank first credit no commission offer
Expressbank offers commission-free credit for first-time borrowers. Up to 70,000 AZN, 59 months, grace period and interest discounts.
Sahil Babayev: BSTDB Plans to Finance SMEs
Finance Minister Sahil Babayev announced that the Black Sea Trade and Development Bank plans to finance small and medium-sized enterprises.
Dollar's role in global reserves declines
Global central banks plan to reduce dollar's share in reserves due to political risks and shift to multipolar financial system.
Edgar Abdullayev: Fintechs Are Banks' Innovation Partners
Azerbaijan Fintech Association Chairman Edgar Abdullayev highlights that fintechs are innovation partners, not competitors, of banks.
50-55 thousand apartments can be documented immediately
Undocumented houses problem: 50-55 thousand apartments can be documented immediately. MP proposes amnesty, experts explain solutions.
Agsu River Overflow in Shamakhi: Roads Closed
Agsu River flooding in Shamakhi blocks roads and paralyzes traffic after heavy rains.
Bank assets exceed 59 billion manat
Azerbaijani banks' assets exceeded 59 billion manat. Central Bank data shows a 3.2% increase in assets in May.
Azerbaijani banks net profit $327 mln in 5 months
Azerbaijani banks reported a net profit of 557.1 million manat in the first five months of 2026. Operating profit stood at 837.5 million manat, according to the Central Bank.
Funds deducted from cards: ABB official statement
Official statement on fund deductions and negative balances at ABB and other banks. Details on technical issues.
Central banks repatriate gold reserves amid rising geopolitical risks
Central banks are repatriating gold from New York and London due to geopolitical risks. Read WGC data and trends on gold reserve management.
How Are Interest Rates Set in NBFIs?
How are interest rates determined in non-bank financial institutions? Read about reasons and public dissatisfaction.
Largest Viking settlement discovered in Ireland
Archaeologists have discovered the largest Viking settlement in Ireland. Excavations at Woodstown revealed a massive Viking building.
State to pay loan interest for some
Azerbaijan state pays loan interest for farmers. New decision supports annual sowing farmers with interest coverage.
How much do the rich harm the climate?
Greenpeace study: The richest 1% cause 40% of climate emissions. Climate action must target wealth and investments to reduce damage.
State to pay credit interest for farmers
State to pay credit interest for farmers. New mechanism aims to support the agricultural sector.
EU to impose sanctions on 90 Russian banks
The EU plans to impose sanctions on 90 Russian banks. According to Reuters, the new package includes 170 entities.
Gold Prices Drop - Latest Rate
Gold prices drop to $4,291 per ounce in August. Reasons and analysis of the decline.
Fake credit pages created in bank names busted
KMBİ busted two people creating fake credit pages in bank names, stealing card data. Read details on how to protect yourself.
Ali Asadov Meets TDT Central Bank Council Participants
Azerbaijani Prime Minister Ali Asadov met with OTS Central Bank Council participants in Baku, discussing financial cooperation and reforms.
US strikes Iranian sites, Iran hits back at air base
US strikes Iranian military sites; Iran retaliates by targeting a US air base. Tensions rise amid ceasefire negotiations.
Tokenised deposits to replace stablecoins: BOE
Bank of England's Megan Greene predicts tokenised deposits will replace stablecoins within five years.
Stablecoins Extend US Monetary Policy
Fed's Waller says stablecoins broaden US monetary policy influence globally, supporting dollar dominance.
Deposit Interest Rates Up 22.4% - Central Bank
Central Bank data shows deposit interest rates in Azerbaijan increased by 22.4% in early 2026, reaching 480.6 million manats.
UBS: Bond Selloff Offers Buying Opportunity
UBS says the bond selloff offers a buying opportunity as investors overprice ECB rate hikes. High-quality bonds are attractive amid slowing growth.
EU considers freezing Russian oil price cap
The EU is debating freezing its Russian oil price cap amid rising crude prices from the Middle East war. A decision is expected in June.
ECB Official Signals Imminent Action on Inflation
ECB policymaker Pereira signals need for quick action on inflation; rate hike possible at next meeting.
US pledges $12 billion to Iran in frozen assets
US pledges $12 billion of Iran's frozen assets. This could be a major step towards easing tensions between the two countries.
Digital Yuan Expands to Lotteries, Spending
China's digital yuan expands from lotteries to fiscal spending. Learn about bank incentives, cross-border applications, and geopolitical goals.
US dollar slips on risk-on, but set for monthly gain
The US dollar slips on risk-on sentiment but is set for a monthly gain amid rate hike expectations. Iran peace talks and oil supply disruption impact currency markets.
Global Approach Needed for Cyber Threats: BOE
Bank of England Governor Andrew Bailey calls for international cooperation against cyber threats. Read more on Bond.az.
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