2025-12-4 04:06 |
A total of 56,310 borrowers have received loans totaling 3. 7 billion manat ($2. 18 billion) through Azerbaijan's Mortgage and Credit Guarantee Fund (MCGF). Additionally, loans with guarantees and subsidies reached 676.
79 million manat ($398. 4 million). Furthermore, 8,699 apartments have been sold through rental programs. .
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In 2025, non-bank payment service providers saw significant transaction activity. A large portion of this involved electronic money services. The Central Bank of Azerbaijan issued several licenses, expanding the number of active payment institutions and operators in the market. trend.az »
2026-03-13 08:14
Azerbaijan's growing role as a key transport and logistics hub in Eurasia is underscored by increasing cargo volumes across its strategic transport corridors, enhancing its connectivity between Asia and Europe. trend.az »
2026-02-16 12:54
In 2025, Azerbaijan continued its VAT refund program for cashless property purchases, helping reduce costs for consumers. The State Tax Service reported successful implementation of the initiative throughout the year. trend.az »
2026-01-08 19:07
Azerbaijan's Mortgage and Credit Guarantee Fund (MCGF) has issued 3. 7 billion manat ($2. 2 billion) in loans to 56,808 borrowers, according to Trend. Additionally, business loans with guarantees have totaled 687. trend.az »
2026-01-02 23:17
In the first half of 2025, transport services made up 27. 9% of Azerbaijan's mutual service turnover. Azerbaijani residents provided $1. 7 billion in transport services to non-residents, while non-residents provided $866. trend.az »
2025-09-17 20:39
The significant growth in bulk cargo handling at the Port of Baku underscores the increasing importance of Azerbaijan's transport infrastructure in regional logistics and trade.
Credit allocation to Azerbaijan’s trade and services sector has continued to grow, reflecting sustained business activity and financial support for the real economy.
Revenues from fast money transfer systems in Azerbaijan increased in February 2026. Data from the Central Bank shows growth compared to the same period last year. However, the number of transactions through these systems saw a decline.
The volume and number of transactions conducted using local payment cards in Azerbaijan recorded steady growth by the end of February, reflecting continued expansion in domestic payment activity.
Loan investment in Azerbaijan's construction sector by banks and non-banking institutions increased as of March 1, 2026. According to data from the country's Central Bank, this growth reflects both monthly and annual improvements.
Mortgage lending in Azerbaijan continued to grow in the first quarter, reflecting ongoing efforts to improve housing access for the population.
The moderation in pharmaceutical output growth suggests a normalization after last year’s surge, pointing to stabilizing demand and a more balanced expansion of the sector within the broader industrial structure.