Finance

Home page

Finance

Azerbaijan-based banks increase assets by 17%

19 October 2012 14:10 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-ECONOMICS. As of September 1, 2012, Azerbaijan-based banksâ€™ assets stood at AZN 15,513.85 mln. The assets rose AZN 2.211 bln or 16.6% compared to September, AZN 1,567.04 mln or 11.2% since the beginning of 2012.

The loan given to customers made AZN 9,963.3 mln (share 64.2%), correspondent accounts was AZN 1,049.4 mln (6.8%), investments â€“ AZN 1.226.6 mln (7.96%), cash â€“ AZN 637.3 mln (4.1%), loan and deposits given to financial sector â€“ AZN 662.8 mln (4.3%), other assets â€“ AZN 1,974.5 mln (12.7%).

85.0% of commercial banksâ€™ passives were liabilities. The liabilities made AZN 13,189.29 mln. Of this, AZN 6,897.7 mln was deposit, AZN 4,679.5 mln loans and deposits from financial sector, AZN 1,612.1 mln â€“ other liabilities.

Total capital made AZN 2,324.6 mln