Bank Of Baku

CBA gets 21% rise in net foreign assets

CBA gets 21% rise in net foreign assets
# 03 December 2010 13:01 (UTC +04:00)
Baku. Vahab Rzayev – APA-economics. As of November 1, 2010, foreign assets of Central Bank of Azerbaijan stood at AZN 5 281.9 mln, up AZN 914.2 mln or 20.9% compared with a year ago.

CBA says foreign assets rose AZN 1 024.7 mln or 124.1% from the early of the year, AZN 184 mln or 3.6% in October.

The total international stocks in foreign assets rose AZN 184.3 mln or 3.6% to AZN 5 323.3 mln, in November 1, 2010.

At the same time CBA’s liabilities decreased by AZN 13 mln or 24 % to AZN 40.2 mln year-on-year.
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