USD 1.7

Baku 24 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

Loans borrowed from financial sector rose 84% in Azerbaijan

Loans borrowed from financial sector rose 84% in Azerbaijan

09 January 2009 16:20 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. As of December 1, loans and deposits borrowed by Azerbaijan-based banks from the financial sector accounted for AZN 3 165.1 million of the liabilities or 38.3% of obligations, said the National Bank of Azerbaijan.
This figure represents an 84% or AZN 1 445 million increase on a year ago.
Loans and deposits lent to the financial sector made up 4.7% or AZN 460.76 million of assets, up 60.4% on a year ago.

The amount of deposits and loans borrowed from the financial sector declined by 4% in November because banks made payment for foreign debts.
However, the amount of deposits and loans lent to the financial sector increased by 7.8%.

Finance

Azerbaijan

Azerbaijan's insurance market grows by nearly 2% this year

Vusal Gurbanov, Director General of the Central Bank of Azerbaijan

Central Bank of Azerbaijan preparing amendments to compulsory insurance regulations

Chairperson of the Supervisory Board of the Azerbaijan Insurers Association Ulviyya Jabbarova

Azerbaijan's insurance market doubles over past four years

Aliyar Mammadyarov, First Deputy Chairman of the Central Bank of the Republic of Azerbaijan

Central Bank of Azerbaijan preparing new development strategy for insurance sector

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED