In recent years, Azerbaijan’s banking sector has shown remarkable resilience and progressive growth, a trend strongly ...

BAKU, Azerbaijan, January 19. According to the results of 2023, the International Bank of Azerbaijan ranked first in terms of total capital among the banks of Azerbaijan, Trend reports. According ...

Annual inflation remained below the central bank's target band of 4% in the first half of 2024 and it is expected to average 3.5% this year, before increasing to 4.7% by 2026, it said in a statement.

The rating was lowered to BB+ from BBB-, Fitch said in a statement on Friday, February 26. Standard & Poor’s and Moody’s Investors Service had cut the country to junk in the past month.

Azerbaijan's Pasha Bank intends to get the international ratings before the end of 2012, chairman of the Bank's board Farid Akhundov said on Thursday at a press conference on the results of the ...

LONDON, July 22, 2020 /PRNewswire/ -- The International Bank of Azerbaijan (IBA) has announced that a system based on the FICO® Siron® solution ha ...

Fitch Ratings has downgraded International Bank of Azerbaijan's (IBA) Long-term Issuer Default Rating (IDR) to 'BB' from 'BB+' and removed the rating from Rating Watch Negative (RWN). The Outlook ...

Azerbaijan's biggest lender, International Bank of Azerbaijan (IBA) said on Thursday it had suspended payments on some of its liabilities and asked its foreign creditors for support while it ...

PASHA Bank became the first bank in Azerbaijan to apply SAP SuccessFactors solutions to align HR strategies with organizational goals, drive innovation, and improve workforce agility.

International Bank of Azerbaijan (IBA), the country's largest and the only bank owned by the oil-producing state, starts a roadshow in Europe on Thursday for its planned debut eurobond, the bank said.

By Cavid Aga in Ankara The Central Bank of Azerbaijan has stopped publishing the results of its twice-weekly foreign exchange auctions, citing currency rate stability and sufficient market supply.