Finance

Finance

Bank cash circulation 35% rises in Azerbaijan

25 June 2012 13:15 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. In January-April, 2012, receipts part of cash circulation in Azerbaijanâ€™s banking system made AZN 9.304 bln, expenses â€“ AZN 9.434 bln.

According to CBA, in comparison with 2011, receipts part rose 33.5% expenses â€“ 35.7%.

So the negative balance made AZN 130 mln and monetary emission made AZN 52.3 mln, up 2.2 times from year earlier. The share of income from financial transactions with legal entities and individuals made AZN 5.747 bln or 61.8%. Among other sources of income may be noted from the entities of AZN 1.898 billion (20.4%) and from individuals by AZN 936.1 million (10.1%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation accounts for AZN 3.482 million or 36.9%, while investments in ATM machines â€“ AZN 2.717 billion or 28.8%, to share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity â€“ AZN 2.866 billion or 30.4%.