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Elman Rustamov: We’d like banks to direct their funds to lending


‘Liquidity ratio is increasing. Central Bank’s monetary base increased by 11% in the first quarter of 2018, Chairman of Elman Rustamov said at the press conference.

 

‘As banks have excess liquidity, they direct their funds to securities market. Demand has been increasing since the beginning of the year. We’d like banks to direct their funds to lending’.

 

 

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