Bank Of Baku

Azerbaijan-based banks increase assets in February

Azerbaijan-based banks increase assets in February
# 04 May 2012 10:27 (UTC +04:00)
Baku. Vahab Rzayev – APA-ECONOMICS. As of March 1, 2012, Azerbaijan-based banks’ assets stood at AZN 14,640.13 mln. The assets rose AZN 1.482 bln or 11.3% compared with a year earlier, AZN 435.12 mln or 3.1% in February.




The loan given to customers made AZN 9,223.4 mln (share 63.0%), correspondent accounts was AZN 1,282.7 mln (8.8%), investments – AZN 1.498.7 mln (10.2%), cash – AZN 655.6 mln (4.5%), loan and deposits given to financial sector – AZN 582.1 mln (4.0%), other assets – AZN 1,398.8 mln (9.6%).

83.1% of commercial banks’ passives were liabilities. The liabilities made AZN 12,172.39 mln. Of this, AZN 6,849.3 mln was deposit, AZN 4,469.6 mln loans and deposits from financial sector, AZN 853.5 mln – other liabilities.

Total capital made AZN 2,467.7 mln
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