Bank Of Baku

Azerbaijan sees 12% rise in total assets year-on-year

Azerbaijan sees 12% rise in total assets year-on-year
# 26 September 2011 13:53 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of August 1, 2011, Azerbaijan-based banks’ assets stood at AZN 13,277.02 mln, down AZN 13.79 mln or 0.1% from early 2011. At the same the assets rose AZN 1,457.73 mln or 12.3% year-on-year, AZN 135.94 mln or 1% in July, 2011.




The loan given to customers made AZN 8,457.4 mln (share 63.7%), correspondent accounts was AZN 1,078.9 mln (8.1%), investments – AZN 1,250.7. mln (9.4%), cash – AZN 560.2 mln (4. 2%), loan and deposits given to financial sector – AZN 571.3 mln (4.3%), other assets – AZN 1,358.5 mln (10.2%).

82.6% of commercial banks’ passives were liabilities. The liabilities made AZN 10, 968.30 mln. Of this, AZN 5,892.0 mln was deposit, AZN 4,257.7 mln loans and deposits from financial sector, AZN 818.7 mln – other liabilities.

Total capital made AZN 2, 308.7 mln.
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