Day: April 30, 2025

IMF stress tests confirm the resilience of Azerbaijan’s banking system under baseline scenarios. However, in more severe situations, the overall capital adequacy ratio could decline to 4.5%. Alarmingly, 8 of the 23 banks -representing 35% of the sector’s assets – could require recapitalization, albeit with a relatively modest estimated capital gap of 0.5% of GDP….

U.S. President Donald Trump is preparing to ease certain tariffs to give automakers more time to relocate their operations to the United States, Azernews reports.