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AFB Bank Launches AZN Quotes through Thomson Reuters

AFB Bank says it is launching live quotations for the Azerbaijani manat through the Reuters Trader platform.

The move, a first for AFB Bank, will give financial institutions and other Thomson Reuters’ users real-time data for the AZN against the major currencies and the opportunity to trade the AZN with AFB Bank against the euro, US dollar, GB pound, Russian rouble and Turkish lira.

The bank will also show the EUR/USD quotation and the money market borrowing rates for AZN and USD for up to one year.

Emre Timurkan, CEO, AFB Bank, says: “AFB Bank is the first Azerbaijani bank to launch this kind of service, and is the only bank in the country to quote on a live basis.”

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