65% of Azerbaijan-based banks’ total assets make loans given to customers

65% of Azerbaijan-based banks’ total assets make loans given to customers
# 10 June 2015 13:56 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of May 1, 2015, Azerbaijan-based commercial banks’ assets stood at AZN 29,238.4 mln, up AZN 7,228.9 mln or 32.84% from year earlier.

According to Central Bank of Azerbaijan, the assets increased by AZN 217.8 mln or 0.8% in April, 2015.

Most of assets were loans given to clients. So, such loans made AZN 18,994.9 mln (65% of total assets). Moreover, AZN 2,634.3 mln was investments, AZN 2,725.4 mln – correspondent accounts, AZN 1,308.1 mln – loans and deposits for financial sector, AZN 1,206.8 mln – cash funds and AZN 2,368.9 mln – other assets.

AZN 12,498.4 mln of liabilities were deposits, AZN 10,607.3 mln – loans and deposits from financial sector, AZN 1,865.3 mln – other liabilities and AZN 4,267.4 mln – capital.

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