Azerbaijan-based banks’ foreign liabilities reach AZN 5 bln

Azerbaijan-based banks’ foreign liabilities reach AZN 5 bln
# 06 January 2015 11:36 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of December 1, 2014, total foreign liabilities of Azerbaijan-based commercial banks made AZN 4,812.2 mln, by rising AZN 1,008.5 mln or 26.46%.

Central Bank fop Azerbaijan says foreign liabilities rose AZN 139.2 mln or 2.97% compared to previous month.

At the same time, as of December 1, 2014, banks’ total foreign assets stood at AZN 3,428.2 mln, up AZN 943.1 mln or 37.95% in comparison to a year earlier. In November, these assets raised AZN 370.9 mln or 12.1%.

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