Finance

Finance

Bank cash circulation 19% rises in Azerbaijan

05 February 2014 08:39 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. In 2013, receipts part of cash circulation in Azerbaijan’s banking system made AZN 38.416 bln, expenses – AZN 39.644 bln.

According to CBA, in comparison to 2012, receipts part rose 18.7% expenses – 14.8%.

So the negative balance made AZN 1.228 bln and monetary emission made AZN 1.256 bln, down 1.7 times from a year earlier. The share of income from financial transactions with legal entities and individuals made AZN 23.793 bln or 62.4%. Among other sources of income may be noted from the entities of AZN 8.958 bln (23.3%) and from individuals by AZN 3.034 bln (7.9%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation accounts for AZN 16.285 bln or 41.1%, while investments in ATM machines – AZN 10.074 bln or 25.4%, to share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity – AZN 12.229 bln or 30.9%.