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BICEX turnover increases 2.4 times in January

BICEX turnover increases 2.4 times in January

01 February 2010 16:57 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. 44 deals were closed at 36 trading sessions held at currency department of Baku Interbank Currency Exchange (BICEX) during January.

Deals worth AZN 63.856 million ($79.537 million) in total were concluded among 16 banks, down 2.1 times from December, 2009 and up 2.4 times from January 2009.

Five banks- International Bank of Azerbaijan (24.04%), PashaBank (16.64%), Azerbaijan Industry Bank (16.09%), Bank Respublika (13.83%) and YapiKredi Bank Azerbaijan (9.24%) came ahead for the amount of deals in January.

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