Bank Of Baku

Azerbaijan based banks sees decline in total capital

Azerbaijan based banks sees decline in total capital
# 06 December 2010 12:01 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of November 1, 2010, Azerbaijan-based commercial banks’ total capital stood at AZN 1 873.8 million, up 8.2% on a year ago, said National Bank of Azerbaijan.

According to the statistics, the banks’ total capital grew 5.6% or AZN 114.9million compared with the beginning of 2010, declined AZN 2.7 mln or 0.1% in October.
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