Finance

Finance

Bank cash circulation 19% rises in Azerbaijan

23 January 2014 09:15 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. In January-November, 2013, receipts part of cash circulation in Azerbaijan’s banking system made AZN 34.459 bln, expenses – AZN 35.037 bln.

According to CBA, in comparison with 2012, receipts part rose 18.7% expenses – 15.8%.

So the negative balance made AZN 578 mln and monetary emission made AZN 595.1 mln. The share of income from financial transactions with juridical persons and individuals made AZN 21.314 bln or 61.9%. Among other sources of income may be noted from the juridical persons of AZN 8.065 bln (23.4%) and from individuals by AZN 2.722 bln (7.0%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation accounts for AZN 14.614 bln or 41.7%, while investments in ATM machines – AZN 8.884 bln or 25.4%, to share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity – AZN 10.604 bln or 30.3%.