Bank Of Baku

Azerbaijan-based banks see 14% growth in assets

Azerbaijan-based banks see 14% growth in assets
# 03 September 2014 11:37 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. As of August 1, 2014, Azerbaijan-based commercial banks’ assets stood at AZN 20,288,500,000.

 

According to Central Bank of Azerbaijan, the assets increased by 14.2% in January-July, 2014.

 

Provision of crediting made AZN 16,537,900,000 (+10.3% annual) adn total capital – AZN 3,817,000,000 (+11.4%).

 

Personal savings rose 8.5% to AZN 6,940,000,000. 

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