The Central Bank of the Republic of Azerbaijan has approved amendments to its rule on liquidity risk management in banks, recalibrating key quantitative and qualitative parameters and applying the Liquidity Coverage Ratio (LCR) both on a total basis and in national currency. The changes take effect on 1 August 2025. Systemically important banks must meet a national-currency LCR that starts at 50% from 1 August 2025 and increases in phases to 100% by 1 June 2027. All other banks must start at 40% and phase up to 100% by 1 December 2027. The amendments also expand the range of assets eligible to be classified as high-quality liquid assets to include bank metals, securities of state-guaranteed financial institutions, overnight deposits, and short-term funds placed with the Central Bank.