Bank assets rise 27% in Azerbaijan throughout the year

Bank assets rise 27% in Azerbaijan throughout the year
# 08 February 2013 07:44 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of January 1, 2013, total assets of Azerbaijan-based commercial banks made AZN 17,643.4 mln, up 26.5% or AZN 3,696.6 mln from previous year.

For comparison to note that bank assets rose AZN 656 mln or 4.9% in 2011.

Note that in December, the bank assets increased by AZN 822.2 mln or 4.9%.

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