Bank Of Baku

ING: Central Bank of Azerbaijan will raise interest rates again this year

ING: Central Bank of Azerbaijan will raise interest rates again this year
# 09 January 2026 09:49 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) will keep the interest rate unchanged at 6.75% in the first quarter of 2026, APA-Economics reports.

This was stated in the updated forecast of the Netherlands’ largest financial corporation, ING Group.

However, ING believes that the CBA may raise the interest rate to 7% in the second quarter, to 7.25% in the third quarter, and to 7.75% in the fourth quarter.

Note that on December 10 last year, the Central Bank of Azerbaijan lowered the interest rate by 0.25 percentage points to 6.75%. The CBA will announce its next decision on the interest rate on February 4 this year.

 

 

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