Azerbaijan-based banks sees rise in foreign liabilities

Azerbaijan-based banks sees rise in foreign liabilities
# 04 September 2013 14:17 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of August 1, 2013, total foreign liabilities of Azerbaijan-based commercial banks made AZN 3,373.2 mln, by rising AZN 846.2 mln or 33.5%.

Central Bank fop Azerbaijan says foreign liabilities rose AZN 299.6 mln or 9.8% in January-July, AZN 127.5 mln or 3.9% - in July.

At the same time, as of August 1, 2013, banks’ total foreign assets stood at AZN 2,239.1 mln, up AZN 405.8 mln or 22.1% in comparison to a year earlier. In January-July, these assets surged AZN 223.0 mln or 11.1%, in July – AZN 1854.5 mln or 9%. .

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