Bank Of Baku

Azerbaijan-based banks see growth in foreign liabilities

Azerbaijan-based banks see growth in foreign liabilities
# 10 April 2014 15:58 (UTC +04:00)

Baku. Ilkin Ahmadov – APA-Economics. As of March 1, 2014, total foreign liabilities of Azerbaijan-based commercial banks made AZN 4,232.5 mln, by rising AZN 1,290.6 mln or 43.8%.

 

Central Bank of Azerbaijan says foreign liabilities rose AZN 62.8 mln or 1.5% in February.

 

At the same time, as of March 1, 2014, banks’ total foreign assets stood at AZN 2,563.8 mln, up AZN 692.5 mln or 37% in comparison to a year earlier. In February, these assets rose AZN 204.7 mln or 8.7%.

 

 

 

 

 

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