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Thursday, June 25, 2026
Azerbaijan's insurance push is blueprint for economic security

Azerbaijan's insurance push is blueprint for economic security

In the grand architecture of national socio-economic stability, a robust insurance ecosystem stands as a cornerstone. For developing and transitional economies, the evolution of this sector serves as a direct barometer of institutional maturity and investor confidence. Within this context, the strategic blueprint recently unveiled by the Central Bank of the Republic of Azerbaijan (CBA) at the 11th Azerbaijan International Insurance Forum marks a pivotal milestone.

Domestic cashless transactions in Azerbaijan rise by 14% as card usage expands

Domestic cashless transactions in Azerbaijan rise by 14% as card usage expands

The volume of domestic cashless transactions in Azerbaijan increased by 14 per cent in the first five months of 2026 compared to the same period last year, reflecting the continued expansion of digital payment services across the country, AzerNEWS reports. According to the latest report by the Central Bank of Azerbaijan, the number of payment cards in circulation reached...

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