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  1. 2 days ago · The World Bank has improved its forecast for economic growth in Azerbaijan in 2024, APA-Economics reports citing World Bank's report on the economic prospects of Europe and Central Asia. Compared to the June forecast, the Bank increased the real GDP growth forecast in Azerbaijan by 0.9 percentage points to 3.2%.

  2. 2 days ago · VIII INTERNATIONAL BANKING FORUM 2024 (IBF 2024) is coming to Baku on December 3-4, 2024, in collaboration with MasterCard. Held at the Baku Marriott Hotel Boulevard, the Forum will focus on “Reliable, Safe, and Sustainable Banking”. The event is backed by the Azerbaijan Banks Association, the Central Bank of Azerbaijan, and the Ministry of ...

  3. 2 days ago · The World Bank (WB) has revised its forecast for annual inflation in Azerbaijan for 2024, raising it from the April figure of 3% to 4.2%, Report informs via the bank. The updated report also indicates that the inflation forecast for 2025 has been lowered from 3.5% to 3.4%, while for 2026, it has been reduced from 4% to 3%.

  4. 5 days ago · In May 2017, Baku allowed the majority state-owned International Bank of Azerbaijan (IBA), the nation’s largest bank, to default on some of its outstanding debt and file for restructuring in Azerbaijani courts; IBA also filed in US and UK bankruptcy courts to have its restructuring recognized in their respective jurisdictions.

  5. 2 days ago · Launched in 2018, the Astana International Financial Center (AIFC) aims to establish a leading international financial center for financial services in Astana, as well as to attract foreign investment and support the growth and development of Kazakhstan and the region. Drawing from a model adopted in the Gulf region, the AIFC is established as a distinct and separate jurisdiction operating ...

  6. 4 days ago · 100 year development path of central banking in Azerbaijan. Central Bank of the Republic of Azerbaijan – 20 years. Officials authorized to consider cases on administrative violations. Consumer and Investor Protection. Complaint index on bank customers' use of bank services. Financial Sector Development Strategy.

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  8. 5 days ago · Exchange rates of International Bank of Azerbaijan for today. The exchange rates are automatically updated, directly from the servers of banks, every 10 minutes. Sometimes, we may receive incorrect information. Please clarify the information through the banks. I was at the bank, the exchange is different from yours!

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