As of August 1, 2017, total foreign liabilities of Azerbaijan-based commercial banks stood at AZN 6,891,000,000, up AZN 442.7 million or 6.87% from previous year.
Central Bank of Azerbaijan said the external borrowing increased AZN 90.6 million or 1.33% in July 2017.
Compared to December 2016, the external borrowing increased AZN 333.8 million or 4.62% in July.
As of August 1, 2017, banks’ total foreign assets stood at AZN 3,075,600,000, up AZN 993,500,000 or 47.72% in comparison to a year earlier. Compared to previous months, total foreign assets increased AZN 89.6 million or 3% in July.
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