Bank Of Baku

Azerbaijan based banks sees 7% rise in total capital

Azerbaijan based banks sees 7% rise in total capital
# 10 November 2010 09:33 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of October 1,2010, Azerbaijan-based commercial banks’ total capital stood at AZN 1 876.5 million, up 9.7% on a year ago, said National Bank of Azerbaijan.

According to the statistics, the banks’ total capital up by 6.7% or AZN 117.6 million compared with the beginning of 2010.

Thus, the growth rate in September up 1.6 times vompared with full 2010.
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