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Bank cash turnover rises in Azerbaijan

25 August 2011 12:53 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. In January-June, 2011, receipts part of cash turnover in Azerbaijanâ€™s banking system made AZN 10 648.7 mln, expenses â€“ AZN 11,034.5 mln.

According to CBA, in comparison with 2010, receipts part rose 19.5% expenses â€“ 18.9%

As can be seen during the reporting period, the volume of issue on bank cash turnover was AZN 385.8 million, which is 5.3% less than during the same period last year. The share of income from financial transactions with legal entities and individuals has 57.9% of the total arrival of five or AZN 6,161.7 million. Among other sources of income may be noted from the entities of $ AZN 2,615.1 million (24.5% share) and from individuals by AZN 982.6 million (9.2%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash turnover accounts for AZN 3,752.3 million or 34%, while investments in ATM machines â€“ AZN 3,464.2 million or 31.4%, to share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity â€“ AZN 3,519.3 million or 31.9%.