BAKU, Azerbaijan, May 23. The value of land, buildings, and equipment of the Central Bank of Azerbaijan (CBA) amounted to 538 million manat ($320 million) as of January 1, 2025.
The data obtained by Trend from the CBA shows that this figure grew by 184.6 million manat ($110 million) or 52.2 percent compared to the same period in 2024 (353.4 million manat or $210 million).
The Central Bank (previously known as the National Bank) was founded in the Republic of Azerbaijan by a decree from the President on the 'Establishment of the National Bank in the Republic of Azerbaijan' dated 11 February 1992. A legal framework enables the Central Bank to more effectively fulfill its objectives and functions across all operational domains, delineating its primary responsibilities: formulating and executing monetary and exchange rate policy, overseeing currency circulation, regulating and advancing centralized interbank and other licensed payment systems, and managing gold and foreign exchange reserves.
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