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Bank cash circulation 30% rises in Azerbaijan

14 February 2013 13:22 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. In 2012, receipts part of cash circulation in Azerbaijan’s banking system made AZN 32.412 bln, expenses – AZN 34.541 bln.

According to CBA, in comparison with 2011, receipts part rose 29.7% expenses – 29.4%.

So the negative balance made AZN 2.129 bln and monetary emission made AZN 2.119 bln, up 13.6% from year earlier. The share of income from financial transactions with legal entities and individuals made AZN 20.423 bln or 63.0%. Among other sources of income may be noted from the entities of AZN 6.667 bln (20.6%) and from individuals by AZN 2.957 bln (9.1%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation accounts for AZN 12.812 bln or 37.1%, while investments in ATM machines – AZN 8.974 bln or 26.0%, to share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity – AZN 11.283 bln or 32.7%.