Central Bank o Azerbaijan

The Central Bank o Azerbaijan (Azerbaijani: Azərbaycan Respublikasının Mərkəzi Bankı) is the central bank o Azerbaijan. The heidquarters o the bank is i the caipital ceety Baku. The bank haes regional branch offices i Nakhchivan, Ganja, Yevlakh, Khachmaz, Goychay an Bilasuvar.

Central Bank o Azerbaijan
File:Central Bank of Azerbaijan.png
HeidquartersBaku, Azerbaijan
Coordinates40°22′43″N 49°50′43″E / 40.378661°N 49.845386°E / 40.378661; 49.845386Coordinates: 40°22′43″N 49°50′43″E / 40.378661°N 49.845386°E / 40.378661; 49.845386
Established11 Februar 1992; 32 years ago (1992-02-11)
GovernorTaleh Kazimov
Central bank of Azerbaijan
SillerAzerbaijani manat
AZN (ISO 4217)
Reserves6,566,000,000/$8,566,000,000 (January 1, 2011)
Bank rate5.25%
Wabsteidwww.cbar.az

Historie

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The bank wis first establishit on 16 September, 1919 shortly efter the establishment o the Azerbaijan Democratic Republic on 28 Mey, 1918. It wis closit whan Azerbaijan wis occupiit an annexit bi the Soviet Union, an wis establishit again i 11 Februar, 1992 efter the dissolution o the Soviet Union an the unthirldom o Azerbaijan on 16 October, 1991.

Responsibilities

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The main tasks o the Central Bank o Azerbaijan are:

  1. tae control the supply o money an its exchynge wi ither dillere
  2. tae control banks an mak sure the economie is stable
  3. tae regularly determine an annoonce an offeecial exchynge rate o the naitional siller, the Azerbaijani manat
  4. tae prent paper notes an cunyies, an tae introduce an withdraw thaim frae circulation
  5. tae mak money
  6. tae control hou much money goes i an oot o Azerbaijan
  7. tae control aw commercial banks

Executive Board

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The Executive Buird is made up o the governor, wha is the Chairperson o the Buird o Directors, an 4 members wha are appointit bi the Preses o Azerbaijan an the Naitional Assemmly o Azerbaijan. The current governor is Elman Rustamov.

See an aa

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Fremmit airtins

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