Bank Of Baku

Azerbaijan-based banks see 15.3% growth in assets

Azerbaijan-based banks see 15.3% growth in assets
# 29 October 2014 07:48 (UTC +04:00)

Baku – APA-Economics. As of October 1, 2014, Azerbaijan-based commercial banks’ assets stood at AZN 23.505.8 mln.

 

According to Central Bank of Azerbaijan, as of January 1, 2014, the assets stood at AZN 20,385,100,000. So, the assets rose 15.3% in January-September.

 

As of October 1, the provision of crediting made AZN 17,129,500,000 (+14.3%) and total capital - AZN 3,898,800,000 (+13.8%).

 

Personal savings surged 14.9% to AZN 7,351,900,000.

 

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