Azeri banks boost investment in July

Azeri banks boost investment in July
# 06 August 2009 16:49 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of July 1, Azerbaijan-based banks’ invesements amounted to AZN 724.46 million, down 9% from a year ago, said the Central Bank of Azerbaijan.

However, bank investments increased by 5% in July.

After fluctuation in investments during the first half of this year, investments started to increase steadily from July.
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