Bank Of Baku

Azerbaijan banks’ external debts at peak

Azerbaijan banks’ external debts at peak
# 08 October 2008 16:22 (UTC +04:00)
The figure represents a 2.4 times rise on the same period last year and a 64.5% increase on early this year.
Azeri banks’ foreign debts have reached the historical high.




This shows Azeri banks’ credibility in the foreign finance market while affecting liquidity.
The foreign debts-domestic net assets ratio is 31.2%. This is a big figure given the amount (AZN 4.09 billion) of internal liabilities for deposits.
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