Bank Of Baku

Total incomes of SOFAZ hit $64 bln

Total incomes of SOFAZ hit $64 bln
# 07 December 2011 10:10 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Since the creation of SOFAZ, its income hit $63.8 bln, expenses - $29.7.

CEO of the Fund Shahmar Movsumov says that currently, Fund’s total assets make $32.3 bln.

In January-September, incomes of SOFAZ made AZN 11,831.4 mln, expenses – AZN 4,366.7 mln. Consequently, compared to beginning of 2011, SOFAZ assets reached 32 242.5 million, by rising 41.6%.
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