Bank Of Baku

Azerbaijan-based banks sees rise in foreign liabilities

Azerbaijan-based banks sees rise in foreign liabilities
# 13 March 2014 10:32 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of February 1, 2014, total foreign liabilities of Azerbaijan-based commercial banks made AZN 4,169.7 mln, by rising AZN 1,235.1 mln or 42.1%. 

 

Central Bank of Azerbaijan says foreign liabilities rose AZN 29.5 mln or 0.7% in January. 

 

At the same time, as of February 1, 2014, banks’ total foreign assets stood at AZN 2,359.1 mln, up AZN 353.5 mln or 17.6% in comparison to a year earlier. In January, these assets rose AZN 60.9 mln or 2.7%.

 

 

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