Central Bank of Azerbaijan

The Central Bank of Azerbaijan () is the central bank of Azerbaijan. The headquarters of the bank is in the capital city Baku. The bank has regional branch offices in Nakhchivan, Ganja, Yevlakh, Khachmaz, Goychay and Bilasuvar.

 History 
The bank was first established on September 16, 1919 shortly after the establishment of the Azerbaijan Democratic Republic on May 28, 1918. It was closed when Azerbaijan was occupied and annexed by the Soviet Union, and was established again in February 11, 1992 after the Soviet Union ended and Azerbaijan became independent again on October 18, 1991.

 Responsibilities 
The main tasks of the Central Bank of Azerbaijan are:
 to control the supply of money and its exchange with other currencies
 to control banks and make sure the economy is stable
 to regularly determine and announce an official exchange rate of the national currency, the Azerbaijani manat
 to print banknotes and coins, and to introduce and withdraw them from circulation
 to make money
 to control how much money goes in and out of Azerbaijan
 to control all commercial banks

 Executive Board 
The Executive Board is made up of the Governor, who is the Chairperson of the Board of directors, and 4 members who are appointed by the President of Azerbaijan and the National Assembly of Azerbaijan. The current governor is Elman Rustamov.

 Related pages 
 Economy of Azerbaijan
 Azerbaijani manat
 Baku Stock Exchange
 List of banks in Azerbaijan

 Other websites 


Category:Central banks
Category:Banks of Azerbaijan
Category:Economy of Azerbaijan
Category:1992 establishments in Azerbaijan
Category:Buildings and structures in Baku