Bank Of Baku

Azerbaijan sees 23% rise in bank assets

Azerbaijan sees 23% rise in bank assets
# 30 January 2014 09:15 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. As of January 1, 2014, Azerbaijan-based commercial banks’ assets stood at AZN 20,385.1 mln, up AZN 3,854.7 mln or 23.3% from previous year. In December, the assets rose AZN 201.5 mln or 1.0%.

 

Provision of crediting made AZN 14,989.9 mln, up AZN 3,025.9 mln or 25.3% in annual comparison. At the same time, the provision of crediting rose AZN 177.6 mln or 1.2% in December, 2013.  

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