Baku. Musa Ahmadov – APA-Economics. As of September 1, 2014, Azerbaijan-based commercial banks’ assets stood at AZN 23.547 bln, up AZN 4,627.98 mln or 24.46% from year earlier.
According to Central Bank of Azerbaijan, the assets increased by AZN 258.41 mln or 1.1% in August, 2014.
Most of assets were loans given to clients (AZN 15,986 mln or 67.9% of total assets). Moreover, AZN 2,019 mln was investments, AZN 1,584.7 mln – correspondent accounts, AZN 1,110 mln – loans and deposits for financial sector, AZN 945.7 mln – cash funds and AZN 1,901.1 mln – other assets.
AZN 10,174.6 mln of liabilities were deposits, AZN 7,976.2 mln – loans and deposits from financial sector, AZN 1,646.7 mln – other liabilities and AZN 3,749.4 mln – capital.