Bank Of Baku

Azerbaijan sees rise in cash flow

Azerbaijan sees rise in cash flow
# 03 May 2011 12:24 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Income of cash flow in Azerbaijan’s banking system made AZN 5,157.4 mln, expenditure – AZN 5,093 mln, in January-March, 2011, up 22.8 % and 18.9% compared to a year ago, Central Bank of Azerbaijan told APA.

As you see AZN 64.4 mln – positive balance was observed, while AZN 85.1 mln-negative balance was observed last year.

Most of incomes of cash flow came from receipts on financial operations with legal and individual persons. Thus, AZN 3,024.2 mln or 58.6% of total income has come from this source. Other sources include incomes from legal entities (AZN 1,013.9 mln) and individuals (AZN 438.2 mln).

Expenditures of cash flow went to payments on financial operations with legal and individual person (AZN 1 013 mln), money for ATMs (AZN 1 008.3 mln), individuals engaging in business without establishing legal entity (es) (AZN 999.8 mln).

Expenditures of cash flow went to payments on financial operations with legal and individual person (AZN 1,619.5 mln), money for ATMs (AZN 1,719.6 mln), for individuals engaging in business without establishing legal entity (es) (AZN 1,619.5 mln).
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