Azerbaijani banks see surge in activity in Q1 2025

The volume of unsecured money market transactions in Azerbaijan surged significantly in the first quarter of 2025, reaching a total of 1,162 deals worth 22.6 billion manats ($13.29 billion), according to the Central Bank of Azerbaijan’s latest Monetary Policy Review.

The vast majority — 94 percent — of these transactions were short-term, with maturities ranging from one to three days, and were conducted through the Bloomberg trading platform, Caliber.Az reports via local media. 

Meanwhile, the interbank REPO market also saw notable growth. Between January and March, banks completed 133 REPO transactions totaling 2.4 billion manats ($1.41 billion). Of these, 11 percent had maturities of one to three days, while 87 percent were longer-term agreements lasting from six to eight days.

The data shows robust year-on-year growth in both market segments. Unsecured money market transactions increased by 1.7 times compared to the same period in 2024, while REPO market operations rose 2.1 times, signaling heightened liquidity and interbank activity in the country’s financial sector.

By Sabina Mammadli