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Azərbaycan Respublikası Mərkəzi Bank (Baku)

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  • The Central Bank of Azerbaijan (CBA) is a state institution founded on February 12, 1992 as the National Bank. It was renamed the Central Bank in March 2009. The head office is located in Baku.

    The current Governor is Taleh Kazimov, appointed in 2022.

  • Determines the exchange rate of the manat and implements monetary policy

    Manages the country’s cash flow and reserves

    Regulates banks, insurance, foreign exchange, and pricing

    Oversees payment systems

    Issues banknotes and commemorative coins

    Grants licenses and supervises financial institutions

  • “Mikromaliyyə Modeli” adlı mikro Launched a microfinance platform called Mikromaliyyə Modeli

    Hosted the Fintex Summit 2025

    Established cooperation with the Central Bank of the UAE and other countries

  • Official foreign exchange reserves (as of June 30, 2025): $11.15 billion

    Total loans issued: 28.3 billion AZN

    Population deposits: 15 billion AZN

  • Key interest rate: 7.25%, corridor: 6.25–8.25%

    Interbank rate (AZIR): approx. 7.1% (as of July 3, 2025)

    Banks are increasing reserves, making the system more resilient

  • July 9: Delegations from Switzerland and Kazakhstan visited

    July 3: Payment system “MilliKart” received a license

    July 7: New liquidity management regulations introduced

  • All materials are available at cbar.az:

    Annual reports

    Policy and stability reviews

    Infographics on digital payments

    Statistics

    Job applicant section

  • December 2024: Gulyar Pashayeva appointed Vice Governor

    May 2025: MoU signed with the Central Bank of the UAE

    June 2025: Fintex Summit held

  • Risk and liquidity management regulations available on the official website

  • Open positions listed in the “Information for job applicants” section on the website, with requirements and application forms

  • Financial literacy portal

    Online training programs

    Sale of commemorative coins

    Development of digital payments

  • Available in the Annual Reports section of the CBA website:

    Annual reports

    Monetary policy statements

    Financial stability analysis

  • By December 2025, banks are required to transition to 100% LCR

    Support for microfinance

    Expansion of international cooperation

    Promotion of fintech and digital solutions

  • https://cbar.az/

    https://www.cbar.az/page-724/information-for-job-applicants

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The Central Bank of the Republic of Azerbaijan (Azərbaycan Respublikası Mərkəzi Bank) is the primary financial institution responsible for the monetary policy of Azerbaijan. Established to ensure the country's financial stability and oversee the banking sector, it plays a vital role in regulating inflation, managing currency reserves, and supervising national banks. By driving economic growth and maintaining the stability of the national currency, the Azerbaijani manat, the Central Bank is committed to fostering a sustainable financial environment. Its strategic initiatives and transparent practices contribute significantly to the economic development of Azerbaijan.