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Bank cash circulation 39% rises in Azerbaijan

22 October 2012 08:53 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. In January-August, 2012, receipts part of cash circulation in Azerbaijanâ€™s banking system made AZN 20.341 bln, expenses â€“ AZN 21.304bln.

According to CBA, in comparison with 2011, receipts part rose 38.9% expenses â€“ 35.6%.

So the negative balance made AZN 963 mln and monetary emission made AZN 965 mln, down 12% from year earlier. The share of income from financial transactions with legal entities and individuals made AZN 12.451 bln or 61.2%. Among other sources of income may be noted from the entities of AZN 4.280 billion (21.0%) and from individuals by AZN 2.130 billion (10.5%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation accounts for AZN 7.948 billion or 37.3%, while investments in ATM machines â€“ AZN 5.674 billion or 26.6%, to share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity â€“ AZN 6.792 billion or 31.9%.