The Central Bank appoints sales agents to ensure the sale of bullion coins

20-10-2023

20 October 2023, Baku: On the occasion of the 100th birth anniversary of the Great Leader Heydar Aliyev, the Central Bank of the Republic of Azerbaijan, for the first time in the history of our country, has put into circulation bullion coins of different weights (1 ounce, ½ ounce, ¼ ounce, 1/10 ounce) made of high quality Azerbaijani gold, starting from May 10, 2023.

In accordance with the relevant decision of the Management Board of the Central Bank on promoting the sale and repurchase of bullion coins, "Bank of Baku" OJSC and "TuranBank" OJSC, which applied to operate in this field and met the established requirements, have been selected as sales agents. The Central Bank, having chosen the sales agents, has stopped the direct sale and repurchase of bullion coins to the population and banks.

The requirements for sales agents and the list of sales agents can be found on the official website of the Central Bank in the subsection "Sales Agents of Bullion Coins" of the section "National Banknotes”.

Additional information will be provided in the future as new sales agents are identified by the Central Bank.