AZ News Digest

Daily business brief from Azerbaijani news

Friday

Photo: Etienne Martin / Unsplash

Central bank & monetary policy

Central Bank clarifies transfer limits

  • (axar.az) The Central Bank of Azerbaijan (CBA) stated that daily transaction limits for card-to-card money transfers are determined directly by the commercial banks themselves.

Lending & deposits

Deposit portfolio shifts and new lending regulations

  • (axar.az) AccessBank's deposit portfolio contracted by 3.56% to 1.92 million manats by the end of the third quarter of 2026.
  • (apa.az), (apa.az) Financial experts note that introducing mandatory unemployment insurance for bank borrowers could help reduce interest rates in certain lending segments.
  • (apa.az) The CBA emphasized that its primary goal with credit restrictions is to prevent the over-indebtedness of the population.
  • (apa.az) The CBA reported that while non-performing loans have seen some growth, they currently do not pose systemic risks to the banking sector.

Insurance

New insurance partnerships and regulatory updates

  • (apa.az) Companies are incorporating life insurance into their 2027 budgets to enhance employee social protection.
  • (apa.az) "Ateshgah" Insurance OJSC and Liv Bona Dea Hospital signed an official cooperation agreement.
  • (apa.az), (apa.az) Draft legislation is underway to tighten control over pawnshops, while mandatory property insurance tariffs remain unchanged.