Azerbaijan sees growth in lending to trade and service sectors
Credit allocation to Azerbaijan’s trade and services sector has continued to grow, reflecting sustained business activity and financial support for the real economy. trend.az »
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Credit allocation to Azerbaijan’s trade and services sector has continued to grow, reflecting sustained business activity and financial support for the real economy. trend.az »
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. trend.az »
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. trend.az »
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. trend.az »
Mortgage lending in Azerbaijan continued to grow in the first quarter, reflecting ongoing efforts to improve housing access for the population. trend.az »
Azerbaijan’s revenues from urea exports declined in the early months of the year, even as overall non-oil exports showed solid growth. trend.az »
Azerbaijan has refunded a substantial amount of funds from the state budget to individuals and businesses across various sectors. trend.az »
SOCAR Polymer leads the growth in Azerbaijan's non-oil sector exports, showing significant year-on-year improvement in early 2026. trend.az »
Business loans dominate Azerbaijan’s banking sector, making up 53.3% of total lending, with growth across all business sizes. Large enterprises continue to attract the largest share, though micro and small businesses are seeing notable increases. trend.az »
Azerbaijan’s total gold export revenue saw a notable increase in the early months of 2026. According to recent data, the country experienced strong growth compared to the same period last year. trend.az »
SOCAR's gas export revenues have significantly declined in early 2026 compared to the previous year, while non-oil sector exports, led by SOCAR Polymer, continue to perform strongly. trend.az »
SOCAR's export operations in early 2026 saw a significant decline compared to the previous year, with non-oil sector exports led by SOCAR Polymer and several other state-owned companies. trend.az »
As of March, the volume of credit allocated by banks and non-bank financial institutions in Azerbaijan to the industrial and manufacturing sector reached a new high. trend.az »
Loan investment in Azerbaijan’s mining and utilities sector declined as of early March 2026. The decrease reflects both a monthly and annual drop in financing from banks and non-banking institutions. trend.az »
Azergold CJSC leads the growth in Azerbaijan's non-oil sector exports, contributing to a significant rise in overall export activity, particularly in food products. trend.az »
The State Property Service of the Nakhchivan Autonomous Republic has launched a tender to assess the value of public assets, inviting interested parties to submit proposals. trend.az »
As of March 1, 2026, loan investment in households by banks and non-banking institutions in Azerbaijan has been reported. The total amount shows growth both compared to the previous month and the same period last year. trend.az »
As of March 1, 2026, loan investments in Azerbaijan's transport and communications sector increased compared to the previous year. However, the sector saw a slight month-on-month decrease in loan investments. trend.az »
The Economic Zones Development Agency has launched a tender to acquire information technology equipment and licenses to support its operations. trend.az »
By February 2026, transactions with resident-issued American Express cards declined in both volume and count. The total transaction value also saw a notable decrease. In contrast, transactions from non-resident institutions grew in both number and value. trend.az »
The Social Services Agency has launched a tender to acquire apartments for families of martyrs and individuals with disabilities in Neftchala district. trend.az »
The State Water Resources Agency of Azerbaijan has launched a tender for the design and estimate documentation of new water supply networks in multiple districts. trend.az »
The volume of transactions conducted via MasterCard in Azerbaijan demonstrated notable activity by the end of February, reflecting both growth in usage and shifts in transaction values. trend.az »
The volume and number of transactions carried out using Visa payment cards in Azerbaijan recorded notable growth by the end of February, reflecting the continued expansion of digital payments in the country. trend.az »
Azerbaijan’s financial sector demonstrated macroeconomic stability and continued progress in digital transformation during the first quarter of the year. trend.az »
In February 2026, debit card transactions in Azerbaijan showed significant growth. The latest data from the Central Bank reveals an increase in both the number of transactions and their total volume compared to the previous year. trend.az »
Azerbaijan’s banking sector has reported updated figures on its net foreign and domestic assets, according to the Central Bank of Azerbaijan (CBA). trend.az »
Lending in the national currency has continued to grow across Azerbaijan’s credit market, according to data from the Central Bank of Azerbaijan (CBA). trend.az »
Azerbaijan has recorded an increase in money supply across all major monetary aggregates, according to the Central Bank of Azerbaijan (CBA). trend.az »
In February 2026, Azerbaijan saw a decline in credit card transactions compared to the previous year. The latest data from the Central Bank reveals a decrease in both the number of transactions and their total volume. trend.az »
The Baku Stock Exchange (BSE) has unveiled the turnover rankings of investment companies for the first quarter of 2026. The data highlights the top-performing firms in terms of trading volume. Leading the rankings are well-established companies that have made significant strides in the market. trend.az »
The latest data reveals a steady growth in credit investments across both banking and non-banking sectors in Azerbaijan's economy, indicating positive trends in financial expansion. trend.az »
The number of cashless transactions carried out through POS terminals in Azerbaijan increased in February, while their total value declined, according to the Central Bank of Azerbaijan. trend.az »
In the first quarter of this year, the Baku Stock Exchange saw a decline in its overall trading volume. Both the total transaction value and the number of deals dropped significantly compared to last year. trend.az »
Lending through Azerbaijan's Mortgage and Credit Guarantee Fund (MCGF) dropped in early 2026. While refinanced loans increased, funds raised through bond issuance fell significantly. State budget allocations to the fund remained unchanged. trend.az »
Azerbaijan’s banking sector has recorded notable growth as of March, marking an increase compared to the previous year. trend.az »
In March 2026, Android saw a notable increase in market share in Azerbaijan. Microsoft Windows experienced a significant decline, while iOS gained ground, improving its position. These shifts highlight changing preferences in the operating system market. trend.az »
The shifting market shares among web browsers in Azerbaijan highlight the evolving competitive dynamics in the digital landscape, with Google Chrome maintaining dominance despite some decline. trend.az »
While the total number of transactions processed by Azerbaijan's LVPCSS dropped sharply in February 2026, the volume of those transactions increased. There was a dramatic drop in the total number of transactions compared to last year, in stark contrast to the rise in transaction volume. trend.az »
The decline in ChatGPT's market share in Azerbaijan reflects the growing competition among AI chatbots, signaling shifts in consumer preferences and market dynamics. trend.az »
The Azerbaijan Interbank Rate (AZIR) decreased in March 2026, following a similar decline in February. This adjustment is part of the Central Bank of Azerbaijan’s strategy to stabilize financial markets and manage liquidity. trend.az »
Azerbaijan's insurance sector showed a slight decline in overall premiums, though insurance payments saw a significant year-over-year increase, highlighting shifting trends in the market. trend.az »
While taking inflation goals and economic and geopolitical considerations into account, the Central Bank of Azerbaijan (CBA) has maintained the interest rate corridor unaltered. The decision is a result of the stable inflation and currency market. trend.az »
Credit allocations in Azerbaijan’s Karabakh and Eastern Zangazur regions have grown, reflecting steady expansion in regional financing. trend.az »
The CBA’s data highlight the ongoing expansion of Azerbaijan’s banking sector and its pivotal role in financing business, consumer, and housing needs, reflecting steady growth in both credit and deposit activities. trend.az »
The increase in Azerbaijan's foreign exchange reserves reflects the country's strengthened economic stability and growing financial resilience. trend.az »
The dynamics in the foreign exchange market in Azerbaijan exhibited a consistent state throughout the previous timeframe of this year. trend.az »
Despite a little decline in market share, Google remained Azerbaijan's most popular search engine in March 2026. The market share of Yandex fell somewhat, while that of Bing and Yahoo rose marginally. trend.az »
Azerbaijan's Instant Payment System (IPS) saw substantial growth in transaction volume and number in February 2026, reflecting a significant increase in digital financial activity and banking engagement. trend.az »
The volume of transactions conducted through Azerbaijan’s Real-Time Gross Settlement System (AZIPS) has recorded significant growth, reflecting increased activity in the country’s financial system. trend.az »