The funds will be placed for a period of 14 days.
CBA began to hold deposit auctions in mid-June 2016. Thirty-two banks, including two state-owned ones, operate in Azerbaijan.
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Azerbaijan’s Central Bank to raise funds at auction
13 April 2017
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Central Bank of Azerbaijan (CBA) will hold a deposit auction on Apr. 14 to raise funds, said the CBA Apr. 13.
CBA is ready to receive 250 million Azerbaijani manats from banks, with interest rate on deposits varying between 12.01 percent and 14.99 percent.
The funds will be placed for a period of 14 days.
CBA began to hold deposit auctions in mid-June 2016. Thirty-two banks, including two state-owned ones, operate in Azerbaijan.
The funds will be placed for a period of 14 days.
CBA began to hold deposit auctions in mid-June 2016. Thirty-two banks, including two state-owned ones, operate in Azerbaijan.
