Azerbaijan registered securities worth AZN 12 billion last year

Azerbaijan registered securities worth AZN 12 billion last year In 2020, the state registration of investment securities worth 12.2 billion manats was carried out in Azerbaijan.
Finance
March 15, 2021 06:10
Azerbaijan registered securities worth AZN 12 billion last year

In 2020, the state registration of investment securities amounted to 12.2 billion manats in Azerbaijan.

Report informs, citing Central Bank of Azerbaijan (CBA), AZN 1.291 billion (11%) of this was issued for 41 corporate bonds, AZN 0.766 billion (6%) for 119 shares, AZN 10.115 billion (83%) for government securities.

AZN 7.19 billion of government securities were related to registering the issuance of the CBA's short-term notes and AZN 2.925 billion - the issuance of government bonds.

CBA doubles liabilities to government agencies

CBA doubles liabilities to government agencies CBA doubles liabilities to government agencies
Finance
May 24, 2025 17:56
CBA doubles liabilities to government agencies

As of January 1, 2025, the Central Bank of Azerbaijan (CBA)'s liabilities to government agencies amounted to roughly 7.99 billion manats ($4.7 billion), Report informs, citing the CBA.

According to the bank, this is 2.1 times more year-on-year.

In 2024, the CBA's liabilities grew by 3.9% to approximately 34.523 billion manats (just over $20.3 billion).

During the year, the bank's balance capital rose by 28.5% to 1.997 billion manats (almost $1.175 billion), while the authorized capital remained unchanged at 500 million manats (about $294.2 million).

Central Bank of Azerbaijan cuts investment in US mortgage bonds

Central Bank of Azerbaijan cuts investment in US mortgage bonds Central Bank of Azerbaijan cuts investment in US mortgage bonds
Finance
May 24, 2025 17:50
Central Bank of Azerbaijan cuts investment in US mortgage bonds

As of January 1, 2025, the Central Bank of Azerbaijan (CBA) investments in US mortgage bonds amounted to 520.6 million manats ($306.2 million), Report informs, citing the CBA.

According to the bank, this is 13.6% less than on January 1, 2024.

EBRD updates its current project portfolio in Azerbaijan

EBRD updates its current project portfolio in Azerbaijan EBRD
Finance
May 24, 2025 16:53
EBRD updates its current project portfolio in Azerbaijan

As of April 30, the current loan portfolio of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan amounted to 1.004 billion euros.

As Report informs with reference to the EBRD, 38% of the portfolio is allocated to the private sector.

Compared to the figure as of February 28, 2025, the portfolio volume decreased by 7.55%, or 82 million euros.

According to EBRD data, the main part of the current portfolio - 90% (903 million euros) - is directed towards sustainable infrastructure development, 5% (50 million euros) is allocated to the corporate sector, and another 5% (51 million euros) to financial institutions.

In total, the EBRD has invested more than 3.778 billion euros in Azerbaijan for the implementation of 197 projects. The bank's cumulative disbursements amounted to 3.089 billion euros, and the total volume of cumulative disbursements and issued guarantees is 3.41 billion euros.

In 2024, the EBRD provided loans to finance eight projects in Azerbaijan for a total amount of 199 million euros, which is 27.56% (43 million euros) more compared to the previous year.

Central Bank reveals Azerbaijan's share in global liquidity support through SDR

Central Bank reveals Azerbaijan's share in global liquidity support through SDR Central Bank reveals Azerbaijan's share in global liquidity support through SDR
Finance
May 24, 2025 15:45
Central Bank reveals Azerbaijan's share in global liquidity support through SDR

As of January 1, the volume of funds received by the Central Bank of Azerbaijan (CBA) from the International Monetary Fund (IMF) within the framework of special drawing rights (SDR) amounted to 1.17 billion manats ($688.2 million), 3% more than in the beginning of 2024, Report informs, citing the CBA.

Special Drawing Rights (SDRs) are international reserve assets allocated by the International Monetary Fund (IMF) to its member countries. A major general allocation of SDRs took effect on August 28, 2009, aimed at increasing global financial liquidity and supplementing member countries’ official reserves. Allocations are made in proportion to IMF quotas, which reflect the relative economic size of each member.

In addition, a special one-time allocation of SDRs was made on August 10, 2009, based on the Fourth Amendment to the IMF’s Articles of Agreement. Within the framework of this amendment, on September 9, 2009, a special share of SDR 34.3 million (78.41 million manat) was allocated to Azerbaijan, bringing the country’s total SDR allocation to 119.3 million (272.72 million manat).

In 2021, the IMF made another general allocation of SDRs to member countries in order to mitigate the effects of the pandemic and support the global economic recovery. At this stage, an additional SDR 375.4 million (858.164 million manats or $504.8 million) was allocated to Azerbaijan.

Member countries using SDRs can spend those funds to conduct operations with the IMF. The CBA records these distributions as foreign exchange liabilities.

Volume of foreign investments in Azerbaijani economy up by over 27%

Volume of foreign investments in Azerbaijani economy up by over 27% Volume of foreign investments in Azerbaijani economy up by over 27%
Finance
May 24, 2025 11:41
Volume of foreign investments in Azerbaijani economy up by over 27%

In January-April 2025, nearly 1.3 billion manats ($764.7 million) of funds from foreign sources were invested in fixed capital in Azerbaijan, 27.2% more than in the same period of 2024, Report informs, citing the State Statistical Committeeş.

In the specified period, 1.25 billion manats ($735.3 million) or 96.6% of foreign investments belonged to investors from the UK, the United Arab Emirates, Türkiye, Switzerland, Russia, the US, Japan, Iran, Hungary, France and India.

In January-April, 5.69 billion manats ($3.3 billion) were invested in fixed capital in Azerbaijan, or 4.6% less than in the same period last year. Over the past 1 year, investments in the oil and gas sector decreased by 22.7%, while those in the non-oil and gas sector increased by 5.3%.

Key indicators of world commodity, stock, and currency markets (24.05.2025)

Key indicators of world commodity, stock, and currency markets (24.05.2025) Key indicators of world commodity, stock, and currency markets (24.05.2025)
Finance
May 24, 2025 09:18
Key indicators of world commodity, stock, and currency markets (24.05.2025)

Current price

Compared to the previous day’s close

Compared to the beginning of the year

Commodity

Brent (USD/barrel)

64.78

0.77

-9.86

WTI (USD/barrel)

61.53

0.76

-10.19

Gold (USD/ounce)

3,394.50

52.60

753.50

Indices

Dow-Jones

41,603.07

-256.02

-941.15

S&P 500

5,802.82

-39.19

-78.81

Nasdaq

18,737.21

-188.52

-573.58

Nikkei

37,160.47

174.60

-2,734.07

Dax

23,629.58

-369.59

3,720.44

FTSE 100

8,717.97

-21.29

544.95

CAC 40 INDEX

7,734.40

-130.04

353.66

Shanghai Composite

3,348.37

-31.82

-3.39

Bist 100

9,356.04

-119.17

-474.52

RTS

1,094.76

-8.38

201.54

Currency

USD/EUR

1.1362

0.00

0.10

USD/GBP

1.3537

0.01

0.10

JPY/USD

142.5600

-0.92

-14.64

RUB/USD

79.5316

-0.17

-33.99

TRY/USD

38.9767

-0.05

3.62

CNY/USD

7.1810

-0.02

-0.12

Azerbaijan expects improved MONEYVAL assessment, says tax service official

Azerbaijan expects improved MONEYVAL assessment, says tax service official Azerbaijan anticipates progress in its upcoming MONEYVAL evaluation, thanks to coordinated efforts in combating money laundering and terrorism financing, according to Deputy Head of the State Tax Service, Samira Musayeva, Report informs.
Finance
May 23, 2025 17:06
Azerbaijan expects improved MONEYVAL assessment, says tax service official

Azerbaijan anticipates progress in its upcoming MONEYVAL evaluation, thanks to coordinated efforts in combating money laundering and terrorism financing, according to Deputy Head of the State Tax Service, Samira Musayeva, Report informs.

Speaking at an international scientific and practical conference in Baku, Musayeva stated that 85% of the objectives outlined in the 2023–2025 National Action Plan against money laundering and terrorism financing have been fully implemented, with another 5% partially completed.

She emphasized that the success stems from effective collaboration among supervisory authorities. "Azerbaijan is currently undergoing another round of evaluation by MONEYVAL. Based on preliminary forecasts, we expect improvements in several performance indicators and an overall enhancement in the country’s rating," Musayeva said.

The State Tax Service, she added, conducts ongoing assessments of relevant legislation, administrative practices, and implementation progress. "Initial evaluations suggest an upward trend, which we expect to be reflected in the final report."

MONEYVAL, the Council of Europe's expert committee, evaluates countries' compliance with international standards on anti-money laundering and counter-terrorist financing. Azerbaijan has been a participant in the committee's activities since 2002 and has completed five rounds of evaluation to date.

Baku Stock Exchange: Listing of real sector companies among top priorities

Baku Stock Exchange: Listing of real sector companies among top priorities 111
Finance
May 23, 2025 15:58
Baku Stock Exchange: Listing of real sector companies among top priorities

The Baku Stock Exchange (BSE) has presented seven new strategic initiatives aimed at developing the capital market in Azerbaijan, Deputy Chairman of the BSE Board Ogtay Gasimov said during a presentation at the Financial Investment Forum held in Baku.

Report quotes him as saying four of these initiatives concern the stock market, and three concern the bond market.

"When developing the strategy, we came to the conclusion that the sustainable development of the capital market requires the unification of all participants on a single platform. The Baku Stock Exchange plays a key role in providing such a space. Our main goal is to create a transparent, reliable, and convenient trading environment for investors," Gasimov noted.

He emphasized that the BSE continues to improve the trading infrastructure, increases liquidity, and opens up new opportunities for the activity of market participants.

"Since 2020, we have seen steady growth in both the number of public offerings and the volume of securities issued. Among the most active segments are repo transactions and government securities. An important area remains the listing of companies in the real sector. Significant progress has been made here over the past four years. The market has begun to offer more financial instruments, and attractive investment opportunities are being created for investors of various categories," he said.

Gasimov also noted that the BSE cooperates with the stock exchanges of Kazakhstan and the UAE, which will simplify investors' access to international markets in the future.

"If you look at the macroeconomic indicators of countries with a similar economic structure, you can see that the depth of their capital markets is much higher. This suggests that the potential for development in Azerbaijan is still great," the deputy chairman of the stock exchange added.

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