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TuranBank Attracts Funding to Promote Gender Equality and Financial Inclusion

... acility aims to improve access to finance for women entrepreneurs, support the growth of their businesses, create new employment opportunities, and contribute to inclusive economic development across Azerbaijan, especially in the regions. Promoting gender equality and ensuring equal access to financial resources are among the key drivers of sust ...

TuranBank Signs a Letter of Intent Worth USD 15 Million with the Islamic Corporation for the Development of the Private Sector (ICD)

... TuranBank OJSC, one of the leading financial institutions in Azerbaijan, and the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group, have signed a Letter of Intent to attract USD 15 million in funding to support private sector projects in Azerbaijan. The signing cerem ...

Yelo Bank combines all your accounts in a single app with Open Banking

... eflected on another platform solely and exclusively with their personal and official consent. The Open Banking service operates in compliance with the standards of the Central Bank of the Republic of Azerbaijan. In the future, direct execution of transactions with other bank accounts via the Yelo App will also be possible. Download the Yelo App ...

PASHA Bank senior executives attend Strategic Leadership Summit in London

... e event, dedicated to promoting strategic dialogue and discussing future growth perspectives, brought together senior leaders of PASHA Group companies. Representatives of PASHA Holding, PASHA Bank Azerbaijan, PASHA Bank Georgia, PASHA Bank Türkiye, PASHA Kapital, Bir ecosystem, and PASHA Real Estate attended the summit. Participants exchanged v ...

Memorandum of Understanding Signed Between SOCAR and ICD

... nd the Islamic Corporation for the Development of the Private Sector (ICD). The document envisages the joint exploration of financing opportunities for public-private partnership (PPP) projects in Azerbaijan and other ICD member countries. Under the Memorandum of Understanding, the parties will identify and evaluate financing opportunities fo ...

An auction was held for placement of 168-days Notes of the Central Bank of the Republic of Azerbaijan

... On June 17, 2026, an auction was held at the Baku Stock Exchange for the placement of 7,500,000 AZN notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2658024701 in the amount of 168 days. Information on notes is as follows: Issuer Central Bank of the Republic of Azer ...

An auction was held for placement of 28-days Short-term Notes of the Central Bank of the Republic of Azerbaijan

... On June 17, 2026, an auction was held at the Baku Stock Exchange for the placement of 20,000,000 AZN short-term notes of the Central Bank of the Republic of Azerbaijan (ARMB) with state registration number AZ2656024703 in the amount of 28 days. Information on notes is as follows: Issuer Central Bank of the Repub ...

Azerbaijan represented at the 4th session of the Council of the International Association of Marine Aids to Navigation and Lighthouse Authorities

... relevant field, the activity directions of IALA, as well as the expansion of cooperation between member states. Speaking at the event, the Agency's representative Mazahir Niftiyev stated that Azerbaijan attaches great importance to cooperation with IALA. He brought to attention that our country supports initiatives aimed at strengthening th ...

BHOS Student Accepted to 10 Most Prestigious Universities

... present a research paper on cyber incident management at the International Astronautical Congress. The team he led won the "Best Presentation" award at the TEKNOFEST 2025. He represented Azerbaijan in the “Huawei Seeds for the Future” program, and the team he captained was awarded “The Most Active Team” award. ...

BSU Marks the 15th Anniversary of the Confucius Institute

... institute, established in 2011 through the partnership between BSU and Anhui University with the support of Hanban, has become a leading center for Chinese language education and cultural exchange in Azerbaijan. He emphasized that over the past 15 years, thousands of students and citizens have participated in its language courses, cultural programs ...

Notes placement of the Central Bank of the Republic of Azerbaijan

... On June 17 and 18, 2026, an auction will be held at the Baku Stock Exchange to place notes of the Central Bank of the Republic of Azerbaijan. We inform you that the collection of orders during the auction will be organized from 11:00 to 11:30. Information about the release parameters of the notes is given in the table below: ...

Mastercard SME Confidence Index: Azerbaijani SMEs embrace digital transformation while seeking greater access to finance

... - 84% of Azerbaijani SMEs say digital and online payments are important for business growth - 53% identify easier access to financial services and credit as the area with the highest potential for growth - 54% are already taking steps to facilitate digital payments and modernize their operations Azerbaijani small and medium-sized enterpris ...

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