• $
  • €
  • ₽
  • ₺
  • £
ALL NEWS Political News Society Culture Business Sport World Photo Video
Categories Business

Demand exceeds supply 2.6 times at CBA auction

Demand exceeds supply 2.6 times at CBA auction
29.05.2020 11:17
Demand at a deposit auction held by the Central Bank of Azerbaijan (CBA) has 2.6 times exceeded supply, the CBA said Dec. 12.

The CBA received 50 million manats (1.743 AZN/USD on Dec. 12) from banks for deposit, while the demand was 130 million manats.

The Central Bank began to hold deposit auctions in mid-June 2016.

Thirty two banks, including two state-owned ones, operate in Azerbaijan.

www.ann.az
Similar news
Similar news
Azerbaijan central bank cites external factors and demand as main inflation drivers
Business 17:27
Azerbaijan central bank cites external factors and demand as main inflation drivers
Azerbaijan Airlines adds flights to Istanbul and Tbilisi
Business 17:00
Azerbaijan Airlines adds flights to Istanbul and Tbilisi
Five-star Baku Resort & Spa opens on Issyk-Kul shore
Business 16:30
Five-star Baku Resort & Spa opens on Issyk-Kul shore
TuranBank Launches Preferential Loans Financed by the Energy Efficiency Fund
Business 16:26
TuranBank Launches Preferential Loans Financed by the Energy Efficiency Fund
AzInTelecom cloud service users rise to 247
Business 15:59
AzInTelecom cloud service users rise to 247
Azerbaijan central bank forecasts 0.5% GDP growth in 2026
Business 15:30
Azerbaijan central bank forecasts 0.5% GDP growth in 2026
Azerbaijan’s gas exports to EU rise 56% since 2021
Business 14:57
Azerbaijan’s gas exports to EU rise 56% since 2021
bp and partners invest over $89 billion in Azerbaijan projects
Business 14:36
bp and partners invest over $89 billion in Azerbaijan projects
Appeal hearing for TikToker Arzum 9999 postponed until August 7
Business 14:00
Appeal hearing for TikToker Arzum 9999 postponed until August 7
Anews TV

Our official Youtube channel

Subscribe

Latest news

Society 16:32
"Qerbi Azerbaijan TV" marks third anniversary
Society 18:00
Kyrgyzstan proposes common tourist visa for Central Asia and Azerbaijan
Business 17:27
Azerbaijan central bank cites external factors and demand as main inflation drivers
Business 17:00
Azerbaijan Airlines adds flights to Istanbul and Tbilisi
Business 16:30
Five-star Baku Resort & Spa opens on Issyk-Kul shore
Business 16:26
TuranBank Launches Preferential Loans Financed by the Energy Efficiency Fund
Business 15:59
AzInTelecom cloud service users rise to 247
Business 15:30
Azerbaijan central bank forecasts 0.5% GDP growth in 2026
Business 14:57
Azerbaijan’s gas exports to EU rise 56% since 2021
Business 14:36
bp and partners invest over $89 billion in Azerbaijan projects
Business 14:00
Appeal hearing for TikToker Arzum 9999 postponed until August 7
Society 13:30
AI-generated Rabitabank ad using classic film character raises copyright concerns
Business 13:03
Real-life stories about inclusion are presented with the support of Nar
Business 12:30
Azerbaijan banking sector liquidity surplus more than doubles
World 12:00
Iran’s IRGC says it struck two tankers in Strait of Hormuz
More news
Aliyev, Erdogan and Pashinyan hold joint discussion in Prague
16:23

Aliyev, Erdogan and Pashinyan hold joint discussion in Prague

Photo
To the loving memory of Azad Khalilov - PHOTOS
17:58

To the loving memory of Azad Khalilov - PHOTOS

Photo
Turkish, Iraqi foreign ministries hold political consultations
17:27

Turkish, Iraqi foreign ministries hold political consultations

Photo
16:30

"Freedom for Misha!" inscriptions appear in key Georgian cities

Photo
Azerbaijani MP calls Musavat and APFP “traitors” — VİDEO
17:30

Azerbaijani MP calls Musavat and APFP “traitors” — VİDEO

Video
Los Angeles Police deny Armenian lobby’s allegations - VİDEO
10:06

Los Angeles Police deny Armenian lobby’s allegations - VİDEO

Video
Luis Suarez sends emotional message of support to cancer sufferer
12:31

Luis Suarez sends emotional message of support to cancer sufferer

Video
Horrors in India's Dairy Industry
12:02

Horrors in India's Dairy Industry

Video