BAKU, Azerbaijan, May 15. The Central Bank of
Azerbaijan (CBA) has announced the demand for standing facilities
by local banks, Trend reports via the CBA.
In the first quarter of 2026, banks used the CBA's permanent
facility tool, both for sterilization and for liquidity
provision.
During this period, banks applied to the overnight deposit
standing facility on 100% of business days, and to the overnight
reverse repo facility on 8% of business days.
The CBA's statement emphasized that the demand for its standing
facility was affected by changes in the liquidity position of the
banking sector.
"Thus, from January through March, 53 overnight deposits with an
average volume of 263 million manat ($154.7 million) and 4
overnight reverse repo operations with an average volume of 275
million manat ($161.7 million) were carried out," the CBA
added.
