Foreign borrowing in Azerbaijan’s banking system reaches danger limit

Foreign borrowing in Azerbaijan’s banking system reaches danger limit
# 08 April 2011 13:20 (UTC +04:00)
According to CBA this index rose 1.6 percentage points, year-on-year.

The 20%-foreign debt/liabilities ratio in world practice is assessed as a danger case and central banks try to reduce the foreign borrowing. This situation shows that the local banking system depends on foreign financial markets and creditors. Because of any negative tendency in foreign markets influences on banking system of the country, negatively.
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