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Bank cash circulation 28% rises in Azerbaijan

13 May 2013 13:22 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. In January-March, 2013, receipts part of cash circulation in Azerbaijan’s banking system made AZN 8.516 bln, expenses – AZN 8.227 bln.

According to CBA, in comparison with 2012, receipts part rose 27.8% expenses – 22.1%.

So the positive balance made AZN 289 mln and monetary emission made AZN 172.7 mln. The share of income from financial transactions with legal entities and individuals made AZN 5.691 bln or 66.8%. Among other sources of income may be noted from the entities of AZN 1.578 bln (18.5%) and from individuals by AZN 644 mln (7.8%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation accounts for AZN 3.426 bln or 41.6%, while investments in ATM machines – AZN 2.235 bln or 27.2%, to share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity – AZN 2.308 bln or 28.1%.