BAKU, Azerbaijan, June 26. The total assets of Azerbaijan’s banking sector reached 56.5 billion manat ($33.2 billion) from January through May 2025.
Data obtained by Trend from the Central Bank of Azerbaijan (CBA) indicates that this marks an increase of 15.1 percent compared to the same period last year, the
Additionally, banks’ total liabilities reached 49.7 billion manat ($29.2 billion) during the reporting period, with equity capital standing at 6.9 billion manat ($4 billion). In May, total assets and liabilities rose by 3.6 percent and 4.3 percent, respectively, compared to the same period last year.
The credit portfolio of banks also expanded slightly, rising by 1 percent, or 290 million manat ($170.5 billion), to exceed 28.4 billion manat ($16.7 billion).
The credit portfolio is composed as follows:
ı) Business loans accounted for 53.2 percent, totaling 15.1 billion manat ($8.8 billion);
ıı) Consumer loans made up 31.3 percent, amounting to 8.9 billion manat ($5.2 billion);
ııı) Mortgage loans represented 15.5 percent, equaling 4.4 billion manat ($2.5 billion).
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.
