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Bank cash circulation 33% rises in Azerbaijan

10 January 2013 14:16 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. In January-November, 2012, receipts part of cash circulation in Azerbaijan’s banking system made AZN 29.037 bln, expenses – AZN 30.261 bln.

According to CBA, in comparison with 2011, receipts part rose 32.7% expenses – 31.9%.

So the negative balance made AZN 1.224 bln and monetary emission made AZN 1.168 bln, up 2.1% from year earlier. The share of income from financial transactions with legal entities and individuals made AZN 18.129 bln or 62.4%. Among other sources of income may be noted from the entities of AZN 6.090 bln (21.0%) and from individuals by AZN 2.734 bln (9.4%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation accounts for AZN 11.332 bln or 37.4%, share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity – AZN 7.942 bln or 26.2%.