Bank Of Baku

Azerbaijani banks’ activity in centralized loan market rises sharply

Azerbaijani banks’ activity in centralized loan market rises sharply
# 15 February 2013 13:53 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. As of January 1 2013, centralized loans (refinancing) given to commercial banks by the CBA amounted to AZN 3.288 bn (+61.8%), APA-Economics reports.

 

CBA’s report says that only in December, the volume of refinancing increased by AZN 620.7 mln or 23.3%: 

 

 

Note that, centralized loan market is used for provision and restoration of current liquidity of commercial banks.

 

 

 

 

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