CBA: 62% of Azerbaijani NBCIs' branches are in regions
Finance
- 29 January, 2026
- 10:40
In Azerbaijan, 62% of the branch network of non-bank credit institutions (NBCIs) is located in the regions, Fuad Isayev, Executive Director of the Central Bank of Azerbaijan (CBA), said at the First Investor-Microfinance Forum held in Baku, Report informs.
Isayev noted that in this regard, NBCIs surpass banks.
The director further stated that foreign capital accounts for 39% of the charter capital of NBCIs.
Overall, 54 NBCIs currently operate in Azerbaijan. The microfinance sector is also represented by 35 credit unions.
Latest News
23:55
Photo
Jeyhun Bayramov highlights importance of Azerbaijan-US strategic partnership in New York
Foreign policy23:48
Khanlar Aghalarov: Boulevard administration does not administratively regulate retail prices
Domestic policy23:36
Khanlar Aghalarov: Seaside Boulevard administration has no authority to regulate traffic
Domestic policy23:28
At UN, 80 countries demand reopening of Hormuz
Other countries23:23
Khanlar Aghalarov: Boulevard expansion to create unified public space along Baku coastline
Domestic policy23:10
Khanlar Aghalarov: Falling Caspian Sea levels expose land in some parts of Baku Boulevard
Domestic policy23:01
IRGC: US troops forced to hide in Jordan
Region22:35
Photo
Sharif and Pezeshkian discuss regional situation
Other countries22:24