Bank Of Baku

Azerbaijan-based banks sees rise in foreign liabilities

Azerbaijan-based banks sees rise in foreign liabilities
# 03 November 2014 11:44 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of October 1, 2014, total foreign liabilities of Azerbaijan-based commercial banks made AZN 4,562.4 mln, by rising AZN 988.5 mln or 27.66%.

 

Central Bank of Azerbaijan says foreign liabilities rose AZN 19 mln or 0.42% compared to a month earlier.

 

At the same time, as of October 1, 2014, banks’ total foreign assets stood at AZN 2,898.0 mln, up AZN 766.6 mln or 35.97% in comparison to a year earlier. In September, these assets rose AZN 149 mln or 4.89%.

 

 

 

 

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