Bank Of Baku

Azerbaijan-based banks sees rise in foreign liabilities

Azerbaijan-based banks sees rise in foreign liabilities
# 07 July 2014 10:04 (UTC +04:00)

Baku. Ilkin Ahmadov – APA-Economics. As of June 1, 2014, total foreign liabilities of Azerbaijan-based commercial banks made AZN 4,416.3 mln, up AZN 1,317 mln or 42.51%.

 

Central Bank of Azerbaijan says foreign liabilities rose AZN 56 mln or 1.28% compared to a month ago.

 

At the same time, as of June 1, 2014, banks’ total foreign assets stood at AZN 2,680.9 mln, up AZN 390.1 mln or 17.29% in comparison to a year earlier. These assets declined AZN 227.2 mln or 7.81% by contrast to a month ago.

 

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