Azeri commercial banks’ foreign liabilities on increase

Azeri commercial banks’ foreign liabilities on increase
# 27 May 2010 15:16 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of May 1, 2010, Azerbaijan-based commercial banks’ foreign liabilities stood at AZN 2 381,4 million, up 22,9% or AZN 443,3 mln from the same period last year, said the Central Bank of Azerbaijan.




Note that, as of May 1, 2010, the total foreign assets of banks stood at AZN 1 518,3 mln, up 32.9% or AZN 375.9 mln compared with a year ago.

The banks’ foreign liabilities exceeded the total foreign assets by 57% or AZN 863.1 mln.
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