Bank Of Baku

Azerbaijan-based banks see growth in assets

Azerbaijan-based banks see growth in assets
# 09 June 2011 08:38 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of May 1, 2011, Azerbaijan-based banks’ assets stood at AZN 12,751.77 mln, up AZN 713.46 mln or 5.9% compared to a year earlier.

CBA says this index was down 4.1% in comparison with 2011 earlier. At the same time, the assets increased 1% in February.




The loan given to customers made AZN 8,023.2mln (share 62.90%), correspondent accounts was AZN 1,158.9 mln (9.10%), investments – AZN 1,225.6 mln (9.6%), cash – AZN 543.2 mln (4.03%), loan and deposits given to financial sector – AZN 531 mln (3.85%), other assets – AZN 1,269.9 mln (10%).

82.64% of commercial banks’ passives were liabilities. The liabilities made AZN 10, 538.61 mln. Of this, AZN 5,449.6 mln was deposit, AZN 4,325.1 mln loans and deposits from financial sector, AZN 764 mln – other liabilities.

Total capital made AZN 2, 213.2 mln.
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