Bank Of Baku

Volume of operations on BICEX decreases by 18% in November

Volume of operations on BICEX decreases by 18% in November
# 09 December 2011 08:31 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The 33 deals were closed on 38 trade sessions on the Baku Interbank Currency Exchange (BICEX), in November, 2011. As a whole, 9 bank organizations have taken part in these operations.
BICEX said that, the volume of operations on currency was AZN 72.696 or $92.474.

The average daily turnover on BEST (Bourse E-system of Trades) reached to $ 4.867 mln, while average volume of per deal was $ 2.802 mln.

Five banks- Azerbaijan Industry Bank (39.98%), Amrahbank (25.74%), IBAR (12.71%), Xalg Bank (10.60%) and Unibank (7.71%) came ahead for the amount of deals in November.
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