Bank Of Baku

Quick ratio in banking sector of Azerbaijan is at high level

Quick ratio in banking sector of Azerbaijan is at high level
# 24 December 2010 15:12 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Quiick ration on commercial banks operating in Azerbaijan is at high level. According to calculations, the volume of assets having high ratio is approximately same with volume of liabilities on demand.

As of November 1, 2010, teh volume of high ratio assets made AZN 1.6 bln, deposits on demand stood at AZN 1.9 bln. Note that, these assets include the cash funds and funds in correspondent account, but it is possible to be included the state securities here.
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