Bank Of Baku

Azerbaijan-based banks see 17% growth in assets

Azerbaijan-based banks see 17% growth in assets
# 24 November 2014 07:32 (UTC +04:00)

Baku – APA-Economics. As of November 1, 2014, Azerbaijan-based commercial banks’ assets stood at AZN 23,936,200,000.

 

According to the Central Bank of Azerbaijan’s statistics, as of January 1, 2014, the assets made AZN 20,385,100,000. Thus, the assets increased 17.4% in January-October.

 

As of November 1, 2014, the provision of crediting made AZN 17,316,300,000 (+18.9%), total capital stood at AZN 3,997,700,000 (+23.6%).

 

Personal savings grew 11.1% to AZN 7,005,400,000.

 

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