Bank Of Baku

CBA’s net foreign assets rise sharply in July

CBA’s net foreign assets rise sharply in July
# 30 August 2010 15:09 (UTC +04:00)
Baku. Vahab Rzayev – APA-economics. As of August 1, 2010, net international stocks of Central Bank of Azerbaijan stood at AZN 4 908 mln, up AZN 999.2 mln or 25.6% compared with a year ago.

CBA says foreign assets rose by AZN 650.8 mln or 15.3%.

The total international stocks in foreign assets rose AZN 984.8 mln or 24.8% to AZN 4 949.3 mln, in August 1, 2010.

At the same time CBA’s liabilities decreased by AZN 13.4 mln or 24.5% to AZN 41.2 mln year-on-year.
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