Bank Of Baku

Azerbaijan-based banks sees sharp rise in foreign liabilities

Azerbaijan-based banks sees sharp rise in foreign liabilities
# 15 April 2015 11:11 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of March 1, 2011, total foreign liabilities of Azerbaijan-based commercial banks made AZN 7,468.2 mln, by rising AZN 3,235.7 mln or 76.45%.

 

Central Bank of Azerbaijan says foreign liabilities rose AZN 2,532.6 mln or 51.31% in February.

 

At the same time, as of March 1, 2015, banks’ total foreign assets stood at AZN 4,169.4 mln, up AZN 1.605.6 mln or 62.63% in comparison to a year earlier. In February, these assets rose AZN 1,070.8 mln or 34.56%.

 

 

 

 

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