Bank Of Baku

CBA’s net foreign assets rise sharply

CBA’s net foreign assets rise sharply
# 01 October 2010 09:57 (UTC +04:00)
Baku. Vahab Rzayev – APA-economics. As of September 1, 2010, net international assets of Central Bank of Azerbaijan stood at AZN 5 036.3 mln, up AZN 1 106.8 mln or 28.2% compared with a year ago.

CBA says foreign assets rose AZN 779.1 mln or 18.3% from the early of the year, AZN 128.3 mln or 2.6% in August.

The total international stocks in foreign assets rose AZN 127 mln or 2.6% to AZN 5 076.3 mln, in September 1, 2010.

At the same time CBA’s liabilities decreased by AZN 163.5 mln or 5.1 times% to AZN 39.9 mln year-on-year.
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