DekaBank was formed as the first private bank in Azerbaijan in 1989. Until the collapse of the USSR, it served as a cooperative bank, whereas the
Central Bank of Azerbaijan
The Central Bank of Azerbaijan (CBA, ) is the central bank of Azerbaijan, with its headquarters in the capital city Baku.
The National Bank of the Republic of Azerbaijan was established by the Decree of the President of the Republic of Azerbaij ...
issued a license in 1992 which authorized the bank to offer all kinds of commercial banking services.
See also
*
Banking in Azerbaijan
Banking in Azerbaijan in its present form dates back to 1992, but it originated in the second half of the 19th century and continued through the Soviet period. It consists of the country's central bank, the Central Bank of Azerbaijan, founded on 1 ...
*
Central Bank of Azerbaijan
The Central Bank of Azerbaijan (CBA, ) is the central bank of Azerbaijan, with its headquarters in the capital city Baku.
The National Bank of the Republic of Azerbaijan was established by the Decree of the President of the Republic of Azerbaij ...
*
List of banks in Azerbaijan
*
Azerbaijani manat
The manat (ISO 4217, ISO code: AZN; Currency symbol, sign: ₼; abbreviation: m) is the currency of Azerbaijan. It is subdivided into 100 ''gapiks''.
The first iteration of the currency emerged in the Azerbaijan Democratic Republic and its succ ...
*
Economy of Azerbaijan
The economy of Azerbaijan is highly dependent on oil and gas exports, in particular since the completion of the Baku-Tbilisi-Ceyhan pipeline, Baku-Tbilisi-Ceyhan Pipeline. The transition to oil production in the late 1990s led to rapid economic g ...
References
External links
DekaBank web page
Government of Azerbaijan
Economy of Azerbaijan
Banks of Azerbaijan
Banks established in 1989
1989 establishments in Azerbaijan
{{Azerbaijan-company-stub