Bank Of Baku

Azerbaijan-based commercial banks increase foreign liabilities

Azerbaijan-based commercial banks increase foreign liabilities
# 05 September 2014 11:24 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. As of August 1, 2014, total foreign liabilities of Azerbaijan-based commercial banks made AZN 4,527.9 mln, up AZN 1,154.7 mln or 34.23% compared to a year earlier.  

 

Central Bank fop Azerbaijan says foreign liabilities rose AZN 63.8 mln or 1.28% in comparison to a month ago.

 

At the same time, as of August 1, 2014, banks’ total foreign assets stood at AZN 3,211.2 mln, up AZN 972.1 mln or 43.41% in comparison to a year earlier. In July, these assets grew 11.25%. 

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