Azerbaijan-based banks get 41% rise in total capital

Azerbaijan-based banks get 41% rise in total capital
# 24 December 2008 12:24 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of December 1, Azerbaijan-based banks’ total capital stood at AZN 1 424 million, up 50% on the same period last year and 41.1% on early this year.
The National Bank of Azerbaijan said although average monthly growth in the total capital was AZN 37.7 million throughout the year, the figure declined to AZN 13.5 million in November. There is a decline in capital-liabilities ratio that fell to 14.4% now from 15% early this year.
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