News

BAKU, Azerbaijan, July 12. Moody's Ratings (Moody's) has upgraded to investment grade the rating of State Oil Company of the Azerbaijan Republic (SOCAR) by assigning Baa3 long-term issuer rating and ...
Azerbaijan transported around 20 billion cubic meters of natural gas through its main pipelines in the first half of the year ...
In recent years, Azerbaijan’s banking sector has shown remarkable resilience and progressive growth, a trend strongly ...
PashaPay, a leading fintech company in Azerbaijan and part of the Bir ecosystem, has signed a Memorandum of Understanding (MoU) with Mastercard, a global leader in digital payment technology, to ...
Moody's Investors Service affirmed the 'B1' LT- local currency credit rating of Bank of Baku on July 8, 2025. The outlook is stable.
Akbar Novruz Read more Azerbaijan has officially entered the investment-grade category, following a sovereign credit rating ...
Global Net Lease reports S&P credit rating upgrade linked to successful $1.8 billion multi-tenant portfolio sale and debt reduction.
The Central Bank of Azerbaijan's net claims on banks and non-bank credit institutions rose by over 660 million manat, an increase of around 8 percent compared to last year.
The steady expansion of credit investment, particularly by private banks and NBCOs, reflects growing confidence in Azerbaijan's financial system and its economic recovery trajectory amid ongoing ...