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Central Bank revoked the payment organization license of Modernis LLC

... The Management Board of the Central Bank of the Republic of Azerbaijan revoked the payment organization license of Modenis LLC by its resolution dated August 4, 2026, in accordance with the Law of the Republic of Azerbaijan "On Payment Services and Payment Systems." Mpay LLC was reorganized through a merger with Modenis LLC and is its leg ...

Demand for Kapital Bank's bonds was nearly three times the offering size

... underwriter for the issue. Kapital Bank's bonds represent not only a reliable and attractive investment opportunity for investors, but also make a meaningful contribution to the development of Azerbaijan's domestic capital market. Following the successful placement, Kapital Bank intends to continue playing an active role in the country&# ...

Central Bank approves Methodological Guideline on Market Conduct of Financial Institutions

... The Management Board of the Central Bank of the Republic of Azerbaijan approved the Methodological Guideline on the Market Conduct of Financial Institutions. The document's main purpose is to provide methodological support for applying market conduct principles in financial institutions, increasing the protection of consumers' rights and ...

Central Bank approves Methodological Guideline on Market Conduct of Financial Institutions

... The Management Board of the Central Bank of the Republic of Azerbaijan approved the Methodological Guideline on the Market Conduct of Financial Institutions. The document's main purpose is to provide methodological support for applying market conduct principles in financial institutions, increasing the protection of consumers' rights and ...

Notes placement of the Central Bank of the Republic of Azerbaijan

... On August 5 and 6, 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: ...

The placement of bonds of "International Bank of Azerbaijan" OJSC by subscription has taken place

... On July 8, 2026, the Listing Committee of the Baku Stock Exchange (BSE) decided to grant "Admission to Trade" for the bonds of "International Bank of Azerbaijan" OJSC. Subscription of the mentioned securities began on 10.07.2026 and ended on 31.07.2026. The placement of the bonds with ISIN code AZ2009004584 was carried out ...

Central Bank approves Methodological Guideline on Market Conduct of Financial Institutions

... The Management Board of the Central Bank of the Republic of Azerbaijan approved the Methodological Guideline on the Market Conduct of Financial Institutions. The document's main purpose is to provide methodological support for applying market conduct principles in financial institutions, increasing the protection of consumers' rights and ...

SOCAR Acquires ITOCHU’s Participating İnterest in the Azeri-Chirag-Guneshli Project

... ;s participating interest in the ACG increased from 31.65% to 35.3%. SOCAR President Rovshan Najaf said: “The ACG project has been making a significant contribution to the energy security of Azerbaijan and the wider region for many years. At the same time, the commencement of the first non-associated gas production from the ACG block this ...

Applications Open for the Joint Double Degree Program of Baku State University and the Hebrew University of Jerusalem

... State University and the Hebrew University of Jerusalem. One of the key advantages of the program is that participants' tuition and accommodation expenses are fully funded by the Government of Azerbaijan. The program is financed in accordance with the Decree of the President of the Republic of Azerbaijan No. 673, dated 22 July 2025, "On ...

National cinema screening held in Dashkesan, organized by AzerGold CJSC and Baku Media Center

... On 2 August – Azerbaijani Cinema Day - an open-air national cinema screening was held for the first time in the Dashkesan region. The event was jointly organized by AzerGold CJSC and Baku Media Center, with the support of the Dashkesan District Executive Authority. As part of the event, the feature film "Taghiyev: Oil", produced ...

Azerbaijan and Türkiye’s Energy Ministers discussed Green Energy Corridor Projects in Istanbul

... A meeting was held in Istanbul between Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan, and Alparslan Bayraktar, Minister of Energy and Natural Resources of the Republic of Türkiye, to discuss the implementation of the Azerbaijan (Nakhchivan)-Türkiye Energy Interconnector and the Azerbaijan-Georgia-Türkiye-Bulgaria Green Energ ...

AzInTelecom announces results for the first half of 2026

... are using the Center’s resources. The Mobile Device Registration System, operated by “AzInTelecom”, continued measures to prevent the registration of mobile devices imported into Azerbaijan using fraudulent IMEI codes. As a result of these measures, the number of IMEI codes assigned “clone” status reached 73,056. ...

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