2026-2-1 20:13 |
The Central Bank of Azerbaijan has released the ranking of banks by non-interest revenues as of January 1. Kapital Bank leads the list, followed by the International Bank of Azerbaijan and PASHA Bank.
Bank Melli Iran’s Baku branch reported the lowest non-interest revenues. .
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The European Bank for Reconstruction and Development (EBRD) has approved significant financing for Uzbekistan’s Ipak Yuli Bank to support the growth of micro, small, and medium-sized enterprises (MSMEs). trend.az »
2025-10-11 21:11
Fitch Ratings has revised the outlook on Uzbekistan’s Anor Bank to Negative, citing weakening core capital despite profitable operations and rapid loan growth. The agency affirmed the bank’s ‘B-’ IDRs and ‘b-’ Viability Rating, warning that persistent capital pressures could constrain growth and put future ratings at risk. trend.az »
2025-09-26 17:23
The State Oil Fund of Azerbaijan (SOFAZ) continued diversifying its deposits in 2024. It placed 340. 34 million manat ($200. 2 million) in the UAE’s First Abu Dhabi Bank. At the same time, its short-term deposit in Japan’s Mizuho Bank rose to 2. trend.az »
2025-07-21 20:53
The Asian Development Bank expects continued inflationary pressure in Turkmenistan in the coming years, driven by higher public spending, import prices, and monetary conditions.
The Asian Development Bank expects steady economic expansion in Turkmenistan in the coming years, supported by gas exports and infrastructure investment, while warning of potential pressure on household incomes.
China’s solar energy capacity recorded strong growth over the past years, with particularly sharp acceleration in the latest period driven by rapid deployment of new installations.
Trade volumes at the Turkmen-Uzbek border trade center “Shabat” continue to grow, with increasing cross-border purchases and expanding trade turnover between the two countries.
A major international energy operator has opened a competitive tender in Turkmenistan for technical services in geology and field development support.
Deposit interest rates in Azerbaijan declined amid easing monetary policy, reflecting lower funding costs in the banking sector.
ADB expects inflation in Uzbekistan to decline gradually through 2027 amid tight monetary policy, though some price pressures may persist.