Bank Of Baku

Azerbaijan-based banks’ assets rise

Azerbaijan-based banks’ assets rise
# 06 December 2010 15:12 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of November 1, 2010, Azerbaijan-based banks’ assets stood at AZN 12 768.35 mln.

CBA says this index was up AZN 1 103.18 mln or 9.5 % from the beginning of 2010. In October, assets increased AZN 417.86 mln or 3.4%.



The loan given to customers made AZN 8 526.82 mln (share 66.78%), correspondent accounts was AZN 1 128.92 mln (8.84%), investments – AZN 955.15 mln (7.48%), cash – AZN 484.19 mln (3.79%), loan and deposits given to financial sector – AZN 525.20 mln (4.11%), other assets – AZN 1 148.08 mln (8.99%).

83.14% of commercial banks’ passives was liabilities. The liabilities made AZN 10 616 mln. Of this, AZN 4 786.50 mln was deposit, AZN 5 184.90 mln loans and deposits from financial sector, AZN 644.60 mln – other liabilities.

Total capital made AZN 2 152.35 mln.
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