The Central Bank of Azerbaijan published an Open Banking Roadmap in October 2021 covering 2021–2025, aligned with the Law on Payment Systems and Payment Services. The CBA developed a technical platform and regulatory acts. Over 13 commercial banks have completed integration; Bank ABB and Turan Bank offer Open Banking via mobile apps enabling account aggregation and transaction viewing across banks.
Overview
The Central Bank of Azerbaijan published an Open Banking Roadmap in October 2021 covering 2021–2025, aligned with the Law on Payment Systems and Payment Services. The CBA developed a technical platform and regulatory acts. Over 13 commercial banks have completed integration; Bank ABB and Turan Bank offer Open Banking via mobile apps enabling account aggregation and transaction viewing across banks. Expansion to payment institutions and e-money institutions planned.
Scope & Coverage
Key Requirements
Implementation Timeline
Official Documents & Resources
Key Notes
13+ banks integrated. Bank ABB and Turan Bank offer customer-facing Open Banking apps. IFC cooperation on roadmap development.
Official Resources
Related Regulations
Other open banking frameworks in Europe:
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