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Azerbaijan sees decline in comparative indexes of foreign debts in banking system

Azerbaijan sees decline in comparative indexes of foreign debts in banking system

20 June 2011 11:05 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. As of May 1, 2011, Azerbaijan-based commercial banksâ€™ total foreign debts / total liabilities ratio made 23.8%. According to APA-Economicsâ€™ calculations, this index decreased by 0.5 percentage points in April.

Remind that, as of May 1, banksâ€™ foreign liabilities made AZN 2.503 bln, total liabilities â€“ AZN 10.539 bln.

At the same time, the foreign liabilities / assets ratio made 16.9%, down 0.4 percentage points compared to a month ago.

According to Ekonomist magazineâ€™s experts, decrease of comparative indexes on foreign liabilities is unambiguously positive case and was related to their decrease in April, increase of assets and total liabilities.

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