SOCAR Can Prevent Rise in Price

We present the ratings of commercial banks of Azerbaijan based on a comparison of financial indicators based on the results of the first quarter of 2023-2024 (annual dynamics).  The ratings are compiled from financial statements (balance sheet, profit - loss, etc.) that banks post on their Internet pages.) and are developed using information that banks consider necessary for disclosure.

Below is the ratings of commercial banks of Azerbaijan based on financial indicators for the first quarter of 2024.  Ratings are compiled from financial statements (balance sheet, profit - loss, etc.) that banks post on their Internet pages.) and are developed using information that they consider necessary for disclosure.

In March 2024 in Baku, the average price of the consumer basket (CC) for 30 types of basic food products of domestic production, compiled by Turan Agency, rose by 5%.

In March 2024, the lending situation in 5 banks in Azerbaijan changed. Banks have revised the percentage of consumer loans issued in manats.