Finance

Finance

Azerbaijanâ€™s net financial assets reached $5.6 bln

13 September 2013 09:00 (UTC +04:00)

APA-Economics reports that this index was formed by direct investments directed to abroad ($445.0 mln), portfolio investments ($113.2 mln) and other investments ($5,024.0 mln).

(mln. dollar)

	Assets	Obligations
Direct investments	445.0	1,254.6
- oil-gas sector	192.2	870.1
- other sectors	252.8	384.5
Portfolio investments	113.2	1,030.2
Other investments	5,024.0	18.1
- commercial loans and advances	2,893.1	90.8
- loans	100.6	-523.7
- deposits and cash	2,030.3	451.0
Oil bonus	0.0	0.4
TOTAL	5,582.2	2,303.3

Balance of payment of the Central Bank says the investments involved from abroad as direct investments made $3.0 bln. Share of oil-gas sector in this structure makes 84.0%.

During the reporting period, net assets on loans rose $100.6 ln, net financial obligations dropped $523.7 mln. Net financial obligations rose $77.3 mln through banks, while slipped $55.8 mln through direct state and state guaranteed loans, $545.2 mln – through other enterprises ad firms.

Net financial asserts on deposits and cash increased by $ 2.0 bln, net financial obligations – by 451.0 mln.