Azerbaijan-based banks see 21% rise in total assets year-on-year

Azerbaijan-based banks see 21% rise in total assets year-on-year
# 12 December 2012 08:35 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of November 1, 2012, Azerbaijan-based commercial banks’ assets stood at AZN 16.310 bln, up ANZ 2.807 bln or 20.8% from year earlier.

According to Central Bank of Azerbaijan, the assets have increased by AZN 2.363 bln or 16.9% since early 2012. Besides, the assets soared AZN 311 mln or 1.9% in October.

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