Bank Of Baku

Banks’ foreign liabilities continue to decrease in Azerbaijan

Banks’ foreign liabilities continue to decrease in Azerbaijan
# 21 July 2011 12:42 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. As of June 1, 2011, Azerbaijan-based commercial banks’ foreign liabilities stood at AZN 2,468.0 mln by rising AZN 350.6 mln or 16.6%, said the Central Bank of Azerbaijan.

CBA says the foreign liabilities decreased by AZN 35.2 mln or 1.4%, in May, sp tendency of decrease went on:




Note that, as of June 1, 2011, total foreign assets stood at AZN 1,811.0 mln, up AZN 424.5 mln or 30.6% compared to a year ago, AZN 119.1 mln or 7% from the beginning of this year.
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