Finance

Finance

Bank cash circulation 26% rises in Azerbaijan

05 July 2013 08:54 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. In January-May, 2013, receipts part of cash circulation in Azerbaijan’s banking system made AZN 15.256 bln, expenses – AZN 15.071 bln.

According to CBA, in comparison with 2012, receipts part rose 26.1%, expenses – 21.1%.

So the negative balance made AZN 185 bln and monetary emission made AZN 169.2 bln. The share of income from financial transactions with legal entities and individuals made AZN 9.834 bln or 64.5%. Among other sources of income may be noted from the entities of AZN 3.229 bln (21.2%) and from individuals by AZN 1,170.3 bln (7.7%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation accounts for AZN 6.279 bln or 41.7%, while investments in ATM machines – AZN 3.830 bln or 25.4%, to share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity – AZN 4.524 bln or 25.4%.