BAKU, Azerbaijan, October 4. The Central Bank of Azerbaijan's (CBA) net claims on banks and non-bank credit organizations (NBCOs) amounted to 8.07 billion manat ($4.76 billion).
The data obtained by Trend from the CBA shows that this metric experienced
an uptick of 206.7 million manat ($121.9 million), representing a
2.6 percent enhancement relative to the preceding month.
Moreover, the net claims experienced a contraction of 1.3 billion
manat ($767 million), reflecting a decline of 14.3 percent relative
to the corresponding timeframe in the previous fiscal year.
As of August 1, 2025, the net claims held by the CBA on banking
institutions and non-bank credit organizations totaled 7.8 billion
manat ($4.6 billion). In comparison, on September 1, 2024, this
metric was recorded at 9.4 billion manat ($5.56 billion).
Azerbaijani non-bank credit organizations are specialized financial institutions licensed to provide loans and other credit operations, but they differ from banks by not accepting demand deposits and not participating in the payment and settlement system. They play a key role in financial inclusion by extending financial services to individuals and small-to-medium-sized entrepreneurs who may not have access to traditional banking services, with organizations like FINCA Azerbaijan and KredAgro serving as examples. The Central Bank of Azerbaijan sets prudential norms and requirements for NBCIs to ensure their stable and transparent operation.
