Bank cash circulation 20% rises in Azerbaijan

Bank cash circulation 20% rises in Azerbaijan
# 13 December 2013 12:29 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. In January-October, 2013, receipts part of cash circulation in Azerbaijan’s banking system made AZN 31.2240 bln, expenses – AZN 31.669 bln.

According to CBA, in comparison with 2012, receipts part rose 19.7% expenses – 15.9%.

So the negative balance made AZN 429 mln and monetary emission made AZN 438.8 mln, down 2.8 times from year earlier. The share of income from financial transactions with legal entities and individuals made AZN 19.306 bln or 61.8%. Among other sources of income may be noted from the legal entities of AZN 7.337 bln (23.5%) and from individuals by AZN 2.469 bln (7.9%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation made AZN 13.220 bln or 41.7%, while investments in ATM machines – AZN 7.999 bln or 25.3%, payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity – AZN 9.604 bln or 30.3%.

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