Bank Of Baku

Azerbaijan-based banks’ assets exceed AZN 20 bn

Azerbaijan-based banks’ assets exceed AZN 20 bn
# 17 January 2014 11:17 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of December 1, 2013, Azerbaijan-based commercial banks’ total assets stood at AZN 20,183.6 mln, up 27.2 % from year earlier.

 

According to Central Bank of Azerbaijan, the assets increased by 22.1% in January-November, 2013. 

 

 

Most of assets were loans given to clients. So, such loans made AZN 13,962.8 mln. Besides, AZN 1,622.2 mln was investments, AZN 1,138.3 mln – correspondent accounts, AZN 1,801.1 mln – loans and deposits for financial sector, AZN 763.3 mln – cash funds and AZN 2,468.3 mln – other assets.

 

AZN 8,892.6 mln of liabilities were deposits, AZN 6,738.6 mln – loans and deposits from financial sector, AZN 1,230.8 mln – other liabilities and AZN 3,321.5 mln – capital.

 

 

 

 

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