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Azerbaijan-based banks increase assets by 16% year-on-year

Azerbaijan-based banks increase assets by 16% year-on-year

24 May 2012 07:44 (UTC +04:00)

The assets rose AZN 2.054 bln or 16.3% compared with a year earlier, AZN 350.2 mln or 2.4% in March.

The loan given to customers made AZN 9,118.4 mln (share 62.1%), correspondent accounts was AZN 1,635.3 mln (11.1%), investments â€“ AZN 1,283.7 mln (8.7%), cash â€“ AZN 616.1 mln (4.2%), loan and deposits given to financial sector â€“ AZN 578.2 mln (3.9%), other assets â€“ AZN 1,454.3 mln (9.9%).

85.3% of commercial banksâ€™ passives were liabilities. The liabilities made AZN 12,522 mln. Of this, AZN 7,032.5 mln was deposit, AZN 4,554.2 mln loans and deposits from financial sector, AZN 935.3 mln â€“ other liabilities.

Total capital made AZN 2,163.9 mln

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