Finance

Home page

Finance

Bank cash circulation 34% rises in Azerbaijan

29 December 2012 13:13 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. In January-October, 2012, receipts part of cash circulation in Azerbaijan’s banking system made AZN 26.101 bln, expenses – AZN 27.335 bln.

According to CBA, in comparison with 2011, receipts part rose 33.5% expenses – 32.9%.

So the negative balance made AZN 1.254 bln and monetary emission made AZN 1.229 bln, up 16.4% from year earlier. The share of income from financial transactions with legal entities and individuals made AZN 16.173 bln or 62.0%. Among other sources of income may be noted from the entities of AZN 5.495 bln (21.1%) and from individuals by AZN 2.539 bln (9.7%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation accounts for AZN 10.214 bln or 37.4%, while investments in ATM machines – AZN 7.176 bln or 26.3%, to share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity – AZN 8.738 bln or 32.0%.