Number of non-banking organizations reaches 133

Number of non-banking organizations reaches 133
# 18 February 2013 14:54 (UTC +04:00)

Baku. Ali Ahmedov – APA-Economics. Number of non-banking organizations rose to 133 from 125. According to Central Bank of Azerbaijan, as of end of 2012, number of credit unions was 104, credit organizations financed by international humanitarian organizations – 28. Their branches rose 38% to 102 from 74.

During the reporting period, 27 new bank branches (total 655 branches) and 14 new bank departments (total 158 departments) in Azerbaijan. As of analyzed period, number of bank was 43, as well as 22 banks were established with the presence of foreign capital.

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